Amazon is among the latest participants in another investment round for Rivian, signalling confidence in the electric-car start-up.
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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.

While Ford had originally planned to release models based on the Rivian 'skateboard' platform (the term given to the slim underpinnings of electric cars, to which different bodies can be added), the project was cancelled in April 2020. A new model based on the Rivian is still expected to be coming from Ford's luxury sub-brand Lincoln.

In September 2019 Amazon commissioned Rivian to produce 100,000 electric vans, also based on the company's skateboard platform. The skateboard concept allows different vehicle bodies to be fitted to the electric chassis, significantly lowering development costs.

Three new models are expected to launch into the US market in 2021, being the R1T ute and R1S SUV, as well as the Amazon electric van.

A spokesperson for Rivian told CarAdvice in 2019 the company was planning an Australian launch of the R1T and R1S models as early as 2022.