Amazon Interested In Rivian Automotive, Electric Vehicle Industry

This article was originally published on ETFTrends.com.

Amazon CEO Jeff Bezos recently told employees that he’s interested by the recent developments in the auto industry, stating that it was one of the main considerations as to why Amazon led a $700 million investment in the electric vehicle startup Rivian in February. Rivian Automotive, based in Plymouth, Michigan, after nearly ten years of developing EV [...]

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