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Rivian scores another huge cash investment – NEWS.com.au
Rivian scores another huge cash investment
Most people havent heard of this car company, but it could soon be a household name thanks to some big time investors.American electric car start-up Rivian has been building a giant war chest to take on the might of Tesla.
The company just received another cash injection of $US2.65b ($3.33b) from a range of big investment funds and Amazon.
This latest haul takes the brand’s cash injections in the past two years to $US8b ($10.4b).
Ford has invested $500m, while tech giant Amazon has taken part in…
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