Business
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…
-
General9 hours agoAlleged Croydon Park gunman Artemios Mintzas charged with 25 offences
-
Noosa News23 hours agoProtest calls for shark net removal
-
General22 hours agoThree youths in police custody after fire at Ashley Youth Detention Centre in northern Tasmania
-
General24 hours agoFederal politics live: Communications minister summons telco bosses to meeting