Rivian raises $2.5 billion as it pushes to bring its electric RT1 pickup, R1S SUV to market

Rivian, the electric vehicle company aiming to become the first to bring an EV pickup truck to market, has raised $2.5 billion in a round led by funds and accounts advised by T. Rowe Price Associates Inc. New investors Soros Fund Management LLC, Coatue, Fidelity Management and Research Company and Baron Capital Group also participated. … Continue reading Rivian raises $2.5 billion as it pushes to bring its electric RT1 pickup, R1S SUV to market