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EV startup Rivian announces $2.5 bln funding round led by Amazon, Ford

Kitco News

DETROIT, July 23 (Reuters) - Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com(AMZN.O), Ford Motor Co(F.N) and T. Rowe Price.(TROW.O)

The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant. read more

Reporting by Ben Klayman; editing by Diane Craft
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