- Reuters, Tuesday, December 24, 2019 8:28 AM
Electric vehicle startup Rivian closed a $1.3 billion investment round, led by fund manager T. Rowe Price. The figure includes existing investors: Amazon and Ford Motor Co. “While Tesla is the
best-known maker, China and Europe are pushing automakers to roll out EVs, and Ford, General Motors and others have announced plans to spend billions of dollars developing the vehicles,”
according to Reuters.
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