Rivian Automotive Inc., the electric truck startup already backed by Amazon.com Inc. and Ford Motor Co., raised $2.5 billion in new funding from a group of investors led by T. Rowe Price Associates Inc.
July 10, 2020Business, Technology
EV Maker Rivian Raises $2.5 Billion in New Funding Round
Business, Technology
Ford’s Lincoln Partners With Rivian for First Electric Model
Lincoln is building its first fully electric vehicle with Rivian Automotive Inc., the battery-powered truck and SUV maker Ford Motor Co. backed with a $500 million investment last year.
January 29, 2020Government, Business, Technology
Tesla Clears Road for Rivian, Others to Sell EVs in Michigan Without Dealers
Tesla Inc.’s legal victory to sell its electric vehicles in Michigan without dealers could clear a path for other carmakers to follow.
January 23, 2020Government, Business, Equipment, TCA
Illinois’ Vehicle Manufacturing Future to be Shaped in Three Cities
From electric trucks and startups to international megamergers, the state of the fast-evolving auto industry in Illinois comes down to a tale of three cities: Normal, Belvidere and Chicago.
January 2, 2020