Since its debut at the 2018 LA Auto Show, we’ve been keeping a keen eye on electric vehicle startup Rivian. And earlier today, Rivian announced the latest in a long-line of high-value funding rounds — worth a massive $2.65 Billion U.S.
This brings Rivian’s total investment haul in the last two years to more than $8 Billion and is, we’d guess, enough to keep Rivian going as it finishes its production line validation process and heads towards full series production of its R1T and R1S electric pickup and electric SUV this coming August.
So today, we’re explaining why Rivian is on a roll, why it just keeps raising extra capital, and why we now think it’s going to win the race to be the first electric pickup truck to market.
Watch the video above to find out more, support us with the provided links, and let us know what you think below — but remember to keep your comments civil!
Presenter: Nikki Gordon-Bloomfield
Produced: Transport Evolved