Amazon leads $700 million investment in electric-car startup Rivian
https://www.cnet.com/roadshow/news/amazon-rivian-investment-700-million/
Rivian CEO RJ Scaringe characterized the investment as key for Rivian's growth. "This investment is an important milestone for Rivian and the shift to sustainable mobility," he said in a statement. "Delivering on this vision requires the right partners, and we are excited to have Amazon with us on our journey to create products, technology and experiences that reset expectations of what is possible."
"We're inspired by Rivian's vision for the future of electric transportation," Jeff Wilke, Amazon CEO Worldwide Consumer, said in a statement. "We're thrilled to invest in such an innovative company."