Amazon discloses 20% stake in EV maker Rivian - NewsBreak
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...