Amazon invests $700 million in Rivian company

Amazon has injected an investment into the Rivian electric Motors Company.

A rural company focuses on the production of SUV and peak August electric. In a desire to expand its investment, Amazon has invested $700 million in rural areas, says CEO Jeff Wilke in Amazon, “We are suggesting a rural vision for the future of electric transport,” he added, “They have built a wonderful institution with leading products and technologies.

We are delighted to invest in this innovative company. “
“This investment is an important milestone for the rural couple and the transition to sustainable mobility,” says CEO and co-founder of Scaringe RJ.

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