Amazon discloses 20% stake in EV maker Rivian - NewsBreak

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By Lawce in Business
Updated 3 years ago

Oct 29 (Reuters) - Amazon.com Inc (AMZN.O), an early backer of Rivian Automotive, now owns about a fifth of the electric-truck maker, the e-commerce giant disclosed in a quarterly filing on Friday. Ford Motor Co (F.N), which has a strategic relationship with Rivian, removed a representative from the startup's board...

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