Amazon places big bet on aspiring Tesla rival Rivian

Amazon.com, Inc (NASDAQ: AMZN)-backed Rivian Automotive Inc may go public as early as September, Bloomberg reported read more.....»»

Ford Motor Co said on Wednesday it will invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in backing the potential rival to Silicon Valley's Tesla Inc......»»

The joint investment could help finance a rival to Tesla's plans for an electric pickup truck. As Silicon Valley and Detroit slowly converge onto each otherR.....»»

Amazon and General Motors are in talks to invest in Tesla rival Rivian in a deal that would value the U.S. electric pickup truck manufacturer at between $1 blillion and $2 billion, sources tell Reuters......»»

On Thursday, the primary U.S. stock market benchmarks closed higher, with the S&P 500 increasing by 0.74% to reach 5,199.06. read more.....»»

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its firs read more.....»»

Lincoln In January, Rivian and Lincoln announced a partnership to build Lincoln's first electric vehicle. The joint EV is now canceled, although Ford said its.....»»

Michael Brochstein/SOPA Images/LightRocket via Getty Images Rivian, the electric-truck company set to begin production of .....»»

Tesla Inc (NASDAQ: TSLA) may be unable to maintain its big lead in the electrical vehicle market in the long run, as rival electric vehicle startup Rivian is going full throttle, according to Morgan Stanley.&n Latest Ratings .....»»

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Tesla Inc debuted its electric pickup truck Cybertruck on Thursday, joining a list of automakers and start-ups that have been working on electrifying pickup trucks - the heart of the Detroit automakers' profits......»»

With companies like Ford and Amazon making major investments into the company, EV startup Rivian is getting ahead by making the moves no one else is......»»

Alphabet Inc's Google, the largest U.S. digital advertising platform, is facing increased competition from sites where people purchase products and places thought to be safe from potentially offensive content, advertising buyers say......»»

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc......»»

The Budweiser brewer places an order for up to 800 hydrogen-powered big rigs......»»

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See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Saudi Wealth Fund to Invest $1-B in Tesla’s Rival Lucid $TSLA Saudi Arabia’s PIF (sovereign wealth fund) signed an agreement to invest more than $1-B in aspiring US electric-car maker Lucid Mo.....»»