Rivian secures $700 million in new investment round led by Amazon

By Charles Morris Amazon will lead a $700-million investment round in EV startup Rivian Automotive. Also investing in this round is Rivian’s long-term investment partner, Saudi auto distributor Abdul Latif Jameel. Although it was reported earlier that GM was also in talks with Rivian, the automaker is not involved in this round.
Rivian has …read more

Source:: https://chargedevs.com/newswire/rivian-secures-700-million-in-new-investment-round-led-by-amazon/