Rivian confirms plan for second factory, before delivering first electric trucks

Rivian R1T pre-productionRivian last week confirmed plans for a second factory just days after confirming delivery delays for its R1T electric pickup truck and R1S electric SUV. The important piece of news was contained in an announcement of a $2.5 billion funding round, with previous Rivian investors Amazon and Ford contributing. "This infusion of funds from trusted...