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Manufacturing

Rivian raises another $2.5B as EV output nears

The Rivian R1T electric pickup truck
RT
By:
Richard Truett
July 10, 2020 02:04 PM

DETROIT — Rivian, the EV startup that plans to launch three vehicles next year, said it secured another $2.5 billion in investments led by financier T. Rowe Price Associates Inc.

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