A Rivian electric SUV on display. Global car sales are set for a 15% drop in 2020, double the decline during the 2008-09 global financial crisis, according to the IEA. Reuters
A Rivian electric SUV on display. Global car sales are set for a 15% drop in 2020, double the decline during the 2008-09 global financial crisis, according to the IEA. Reuters

Economy

US electric vehicle start-up Rivian raises $1.3bn in fresh funding round

The company has previously raised $2.2bn and was valued at an estimated $5bn to $7bn

Reuters

December 26, 2019