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.
Rivian raises another $2.5B as start of EV production nears
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.
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Sales of trucks, vans and other commercial vehicles, which constitute for around a quarter of China’s overall market, surged 63 percent, while sales of passenger vehicles rose only 1.8 percent.