{"id":8378,"date":"2021-01-21T08:53:20","date_gmt":"2021-01-21T08:53:20","guid":{"rendered":"https:\/\/cms.alj3.clients.lemonhq.io\/quick-reads\/rivian-secures-new-investment\/"},"modified":"2025-12-09T08:47:35","modified_gmt":"2025-12-09T08:47:35","slug":"rivian-secures-new-investment","status":"publish","type":"quickreads","link":"https:\/\/cms.alj3.clients.lemonhq.io\/en\/quick-reads\/rivian-secures-new-investment\/","title":{"rendered":"Rivian secures new investment"},"content":{"rendered":"\n<p>Congratulations to the team at <a href=\"https:\/\/rivian.com\/\">Rivian<\/a>, led by CEO <a href=\"https:\/\/www.linkedin.com\/in\/rj-scaringe-58355716\/\">RJ Scaringe<\/a>, on securing a new round of investment led by T. Rowe Price.<\/p>\n\n\n\n<p>Raising US$ 8 billion since the start of 2019, the electric vehicle innovator has said that 2021 is a \u201ccritical year\u201d as it aims to put its electric pickup truck and SUV into production.<\/p>\n\n\n\n<p>The R1T pick-up has three battery size options, the largest being a 180 kWh pack capable of travelling more than 400 miles per charge \u2013 a true game-changer.<\/p>\n\n\n\n<p><a href=\"https:\/\/jimco.com\/en\/\" rel=\"noopener\" target=\"_blank\">JIMCO<\/a>, the global investment arm of the Jameel Family, was one of the early investors in Rivian and is an active investor in the future of mobility.&nbsp; Abdul Latif Jameel targets sustainable solutions as a vital contribution to a more mature mobility future.&nbsp;<\/p>\n\n\n\n<p>Read about more breakthroughs for mobility in our Perspectives article <a href=\"https:\/\/www.alj.com\/en\/perspective\/breakthrough-for-mobility\/\">here<\/a>.<\/p>\n\n\n\n<p><span style=\"font-size: 14px;\">(Image credit: Forbes magazine)<\/span><\/p>\n","protected":false},"featured_media":8380,"menu_order":0,"template":"","class_list":["post-8378","quickreads","type-quickreads","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rivian secures new investment - Abdul Latif Jameel<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rivian secures new investment - Abdul Latif Jameel\" \/>\n<meta property=\"og:description\" content=\"Congratulations to the team at Rivian, led by CEO RJ Scaringe, on securing a new round of investment led by T. 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