Amazon invests in electric vehicle startup Rivian

Amazon continued its push into the transportation space on Friday with some big news: the company is leading a $700 million investment round in Rivian, a United States-based EV startup that’s working to launch an all-electric pickup truck and SUV in 2020. The announcement follows last week’s news that Amazon was part of a group that raised $530 million for Aurora Innovation, an autonomous vehicle startup led by the former head of Google’s self-driving car project. Rivian will “remain an independent company,” the startup announced in a press release. While Amazon is leading the funding round, the EV startup says its existing shareholders are also involved in raising the $700 million. Rivian did not disclose exactly how much money Amazon... Continue reading…

Amazon invests in electric vehicle startup Rivian

Electric vehicle startup Rivian on Friday announced a $700 million investment round led by Amazon, which recently pumped money into a young self-driving car technology firm.

Fri 15 Feb 19 from TechXplore

Amazon places big bet on aspiring Tesla rival Rivian

Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with ...

Fri 15 Feb 19 from Reuters Technology

Amazon places big bet in Tesla rival and electric truck startup Rivian

Amazon led a $700 million investment in U.S. electric pickup truck startup Rivian, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector.

Fri 15 Feb 19 from Daily Mail

Amazon invests in electric truck-maker Rivian

Amazon is staking a claim in the EV market after it led a $700 million investment round in electric pickup truck and SUV maker Rivian. Other details about the investment aren't ...

Fri 15 Feb 19 from Engadget

Amazon leads $700 million investment in electric-car startup Rivian - Roadshow

Rivian plans to start selling electric trucks, SUVs in 2020.

Fri 15 Feb 19 from CNET

Amazon leads $700M round in electric automaker Rivian

Rivian, the electric automaker that debut its first two vehicles just three months ago, has raised $700 million in a round led by Amazon . The news follows a report earlier this week by Reuters ...

Fri 15 Feb 19 from TechCrunch

Amazon invests in startup building electric pickup trucks and SUVs

Amazon continued its push into the transportation space on Friday with some big news: the company is leading a $700 million investment round in Rivian, a United States-based EV ...

Fri 15 Feb 19 from The Verge

Amazon and GM may help fund an electric pickup truck by Rivian

Tesla is still the household name for electric vehicles, but competition is on the horizon. In the United States, SUVs and pickup trucks are quite popular options, but neither are available ...

Wed 13 Feb 19 from Techspot

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