Amazon Puts Its Electric Auto Eggs in Rivian’s Basket
Last week Amazon.com Inc stated 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 potential to reshape the automotive sector. According to reports from Reuters news agency, the deal represents a major endorsement of Rivian’s electric vehicle technology by the world’s largest online retailer. Amazon is hoping Rivian will assist it in its […]
