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Rivian announced the completion of a $ 2.65 billion round of financing, bringing the total amount the electric startup electric automaker has raised to $ 8 billion as it steps up for a more production start-up. late this year.
Rivian said that Amazon, the current stakeholder, participated through the Amazon Climate Pledge Fund alongside T.
An insider told Reuters the private company now has a valuation of $ 27.6 billion.
Rivian, in which Ford invested $ 500 million in 2019, is expected to launch its own R1T midsize pickup and electric delivery van designed exclusively for Amazon later this year.
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Both vehicles will be built at the Rivian plant in Normal, Ill., And will be followed by an SUV in 2022.
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