Electric start-up Rivian gets $US2.5 billion funding boost

US electric-car start-up Rivian has finalised another investment round of $US2.5 billion ($AU3.6 billion). The company has raised nearly $US5 billion ($AU7.2 billion) in 2020, adding to the $US2.85 billion ($AU4.1 billion) invested into Rivian in 2019. Counted among its investors are Ford, Amazon, and an investment firm owned by billionaire George Soros, a US stock trader and financier.

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BYD Dolphin electric-car arrival pushed back, due later this year alongside Seal sedan

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2024 Tesla Model Y facelift due mid next year – report

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A major update for the world’s best-selling new car is around the corner, with “more obvious” exterior and interior upgrades. What the updated Model Y could look like, illustrated by Theottle. A facelift for the 2024 Tesla Model Y electric SUV may be less than nine months away – after a similar update to the related Model 3 sedan earlier this year – according to a new report. News agency Bloomberg reports Tesla has begun “preparation work” to ready its Shanghai, China factory for a “more obvious” exterior and interior update to the Model Y . Production “may start as soon as mid-2024”, according to the outlet – which could translate to Australian showroom arrivals by the end of next year, if the arrival timeline of the recent Model 3 update is a guide. It is sooner than the October 2024 estimate published in a report by news agency Reuters earlier this year. MORE: 2024 Tesla Model Y facelift due next year with exterior, interior upgrades – report Citing insider so...
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2024 Mitsubishi Triton to be unveiled next month report

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