{"id":427502,"date":"2021-07-26T10:57:18","date_gmt":"2021-07-26T05:27:18","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=427502"},"modified":"2021-07-26T13:15:28","modified_gmt":"2021-07-26T07:45:28","slug":"ev-startup-rivian-announces-2-5-billion-funding-round-led-by-amazon-ford","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-startup-rivian-announces-2-5-billion-funding-round-led-by-amazon-ford\/","title":{"rendered":"EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford"},"content":{"rendered":"<p>Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price. <\/p>\n<p>The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant. Reuters, citing unnamed sources, reported on Thursday that Rivian&#8217;s planned plant, dubbed &#8220;Project Tera,&#8221; will include battery cell production. <\/p>\n<p>&#8220;As we near the start of vehicle production, it&#8217;s vital that we keep looking forward and pushing through to Rivian&#8217;s next phase of growth,&#8221; Rivian Chief Executive R.J. Scaringe said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric car startup Rivian said on Friday it has closed a $2.5 billion fundraising round led by investors Amazon.com Inc, Ford Motor Co and T. Rowe Price. The announcement came the day after the California-based company said it was exploring building a second U.S. assembly plant. Reuters, citing unnamed sources, reported on Thursday that Rivian&#8217;s planned plant, dubbed &#8220;Project Tera,&#8221; will include battery cell production. &#8220;As we near the start of vehicle production, it&#8217;s vital that we keep looking forward and pushing through to Rivian&#8217;s next phase of growth,&#8221; Rivian Chief Executive R.J. Scaringe said in a statement.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-427502","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427502","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=427502"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/427502\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=427502"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=427502"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=427502"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}