Fidelity Management Archives

News Ticker

[ September 16, 2024 ] Paladin’s Fission Uranium Acquisition Hits a Chinese Roadblock Analyst Articles
[ August 13, 2024 ] Gold Fields to Acquire Osisko in $2.16B Deal Valued at US$200/oz of Gold Resource Analyst Articles
[ August 8, 2024 ] NEW UPDATE REPORT – DCM Navigates Integration Challenges with Strategic Focus on H2/2024 Revenue Growth and Margin Improvements Analyst Articles
[ August 6, 2024 ] Donald Trump’s Pro-Crypto Policy Shift and Strategic Bitcoin Reserve Idea Analyst Articles
[ July 31, 2024 ] Lundin Mining and BHP Partner to Acquire Filo in $4.1 Billion Deal Analyst Articles

Amazon-backed Electric Vehicle Manufacturer Rivian Announces $2.5B Investment

July 16, 2020 Jay Yi

Last week, Rivian, a private electric vehicle manufacturer backed by Amazon, announced a US$2.5 billion capital raise, aimed at ensuring the production launch in 2021 of its electric truck and SUV line, competing against Ford, General Motors, Nikola, Tesla, and Lordstown Motor. [more]