Saturday, July 24, 2021

EV startup Rivian announces $2.5 billion funding round led by Amazon, Ford

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.

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Tata AutoComp Systems to acquire 80% stake in Artifex

Tata AutoComp Systems Ltd will acquire an 80% stake in Artifex Interior Systems Ltd, part of the Jaguar Land Rover group. This move expands ...