Business, Technology, Logistics

Amazon Stake in Rivian Disclosed as 20%

Amazon .com Inc. owns a 20% stake in electric vehicle maker Rivian Automotive Inc., the startup with which it has placed an order for 100,000 battery-powered delivery vans, the e-commerce giant disclosed Oct. 29 in a securities filing.

Ed Ludlow and Matt Day | Bloomberg News
October 29, 2021