The Tesla of trucks? Rivian lands $700 million Amazon-led investment as it powers up in Normal

Rivian, the electric truck startup, received a.....»»

Rivian, the electric truck startup, received a.....»»

Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's biggest bet on technologies with potential to reshape the automotive sector......»»

The nascent manufacturer, which debuted its prototype all-electric truck and SUV models at the Los Angeles Auto Show in November, is gearing up to begin building the vehicles at the shuttered former Mitsubishi plant in Normal, Ill., beginning in 2020......»»

The nascent manufacturer, which debuted its prototype all-electric truck and SUV models at the Los Angeles Auto Show in November, is gearing up to begin building the vehicles at the shuttered former Mitsubishi plant in Normal, Ill., beginning in 2020......»»

Electric pickup maker Rivian - the so-called Tesla of trucks - said on Monday that it raised $1.3 billion in new funding, the startup's fourth major investment round this year. Chris Dignam has more......»»

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......»»

As fully electric cars become the norm, battery-powered pickup trucks have yet to be seen on a wide scale. Tesla, Rivian a.....»»

As fully electric cars become the norm, battery-powered pickup trucks have yet to be seen on a wide scale. Tesla, Rivian a.....»»

Ford Motor Co. will invest $500 million in Riv.....»»

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.....»»

U.S. electric pickup truck maker Rivian Automotive LLC on Friday announced an equity investment of $700 million, led by Amazon.com Inc......»»

Electric vehicle startup Rivian announced a $700 million funding round led by Amazon.com, Inc. (NASDAQ: AMZN) today, February 15. The investment comes after the Michigan-based company unveiled its all-electric R1T pickup and R1S SUV last fall. read more.....»»

Morgan Stanley analyst Adam Jonas said Wednesday he believes Amazon.com Inc.'s leading of a $700 million investment in electric truck maker Rivian Automotive LLC last week is the "most significant milestone" for electric vehicles sinc.....»»

Amazon's move into the electric vehicle market is a challenge to Tesla's dominance in the EV space and a significant milestone in the auto industr.....»»

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.....»»

An $87 million investment to bring more housing to Pearl and expand development across the San Antonio River is moving toward construction......»»

Cathie Wood-led Ark Investment Management bought a total of 716,269 shares, worth about $122.38 million, in Teladoc Health Inc (NYSE: TDOC) on Thursday as the stock slumped after the telemedicine company reported a read more.....»»

Cathie Wood-led Ark Investment Management bought 49,755 shares, worth about $34.55 million, in Tesla Inc (NASDAQ: TSLA) on Wednesday as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter. read more.....»»