Rivian raises another $2.5B as start of EV production nears Rivian raises another $2.5B as start of EV production nears July 10, 2020 dzadmin Comments 0 Comment Since last fall, Rivian has raised more than $5 billion. The electric automaker expects to launch the R1T electric pickup and R1S battery-powered SUV next year, probably in the first quarter.