Rivian has closed a $2.5 billion private funding round. The financing was led by Amazon’s Climate Pledge Fund, D1 Capital Partners, Ford Motor Company and funds and accounts advised by T. Rowe Price Associates, Inc. This round included participation by Third Point, Fidelity Management and Research Company, Dragoneer Investment Group, and Coatue.
Vauxhall has expanded its Griffin line-up – that offers high levels of standard specification, including comfort and safety technologies as well as new styling features – to include its best-selling all-electric Corsa-e model.
Lucid Group today became a publicly listed company trading on the Nasdaq Global Select Market with its Class A common stock and public warrants listed under the new ticker symbols “LCID” and “LCIDW,” respectively. Lucid completed the previously announced merger with Churchill Capital Corp IV on July 23, 2021.
Mahindra Racing’s Alex Lynn took the chequered flag at the second Heineken London E-Prix and with it his first ABB FIA Formula E World Championship victory.
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