Amazon invests in electric vehicle startup Rivian
Electric car startup Rivian, whose prototyope R1S vehicle is seen here, has received $700 million in a funding round led by Amazon as it prepares to launch its cars in 2020 (AFP Photo/Lians Jadan)/ San Francisco (AFP) - 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. Details of Amazon's stake in US-based Rivian were not disclosed, but the company said it will remain independent. The potential Tesla rival late last ...
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