The English electric commercial vehicle developer Arrival is planning to go public. This has been made possible via a merger with the CIIG Merger Corporation, for which a final agreement has now been signed.
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The relative newcomer in the electric vehicle space, Rivian, has raised another 2.5 billion dollars in its latest round of funding. Existing investors BlackRock and Amazon chipped in again with others joining in this time, among them the fund of George Soros.
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The US electric car manufacturer Rivian has raised 1.3 billion dollars in a new round of financing. The financing round was led by the fund company T. Rowe Price, Blackrock and included previous investors, Amazon and Ford.
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