A new round of investment that electric truckmaker Rivian announced Tuesday brings the company even farther into uncharted territory for the auto industry. Although 2020 was the year in which it seemed any and every electric-vehicle startup attempted to go public via a SPAC shell-corporation, Rivian has kept to private funding while going very... Rivian shuns SPACs, closes another $2.65B investment ahead of electric trucks’ arrival
A new round of investment that electric truckmaker Rivian announced Tuesday brings the company even farther into uncharted territory for the auto industry. Although 2020 was the year in which it seemed any and every electric-vehicle startup attempted to go public via a SPAC shell-corporation, Rivian has kept to private funding while going very...