Rivian gets large cash injection

  1. 12,828 Posts.
    lightbulb Created with Sketch. 2
    Remember the Rivian electric ute that was promoted widely recently ? Well, it looks like they're getting some support.

    " The electric car market is about to get another major player.Electric car startup Rivian has announced it has secured $US700m ($980m) in funding from an Amazon-led group of investors.The cash injection will help the maker expand and bring its electric ute and SUV to market by 2020. "

    https://www.heraldsun.com.au/motoring/hitech/amazon-bets-big-on-new-electric-car-startup-rivian-to-rival-tesla/news-story/1306de4a02ae91d09455bb95681f513c
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.