Amazon returned for a round that boosted the electric truck and SUV developer's overall funding to more than $5.3bn in the past 18 months alone.
US-based electric truck developer Rivian completed a $2.5bn financing round today that included e-commerce, cloud services and consumer device group Amazon.
The round was led by funds and accounts advised by investment manager T. Rowe Price and also featured financial services and investment group Fidelity Management and Research, Soros Fund Management, Coatue Management, Baron Capital Group and funds managed by BlackRock.
Rivian is working on a plug-in electric truck called the R1T and an electric sports utility vehicle known as…
