Electric Truckmaker Rivian, Backed From Amazon, Ford, Raises Whopping $1.3 Billion

Developing a new automobile business is unusually capital-intensive, therefore electrical car manufacturer Rivian is bent on amassing a pile of money, finishing 2019 using a massive $1.3 billion financing round that includes extra investment in backers Amazon and Ford. Rivian, which intends to begin constructing its battery-powered trucks and SUVs starting in late 2020, ”… Continue reading Electric Truckmaker Rivian, Backed From Amazon, Ford, Raises Whopping $1.3 Billion

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