The electric-vehicle startup Rivian will receive a $350 million investment from the automotive services company Cox Automotive.
The electric-vehicle startup Rivian said on Tuesday that it will receive a $350 million investment from the automotive services company Cox Automotive. The companies will consider opportunities to work together on service, logistics, and digital retail, and Cox Automotive will add a new member to Rivian's board of directors. Founded in 2009, Rivian has now raised over $2 billion from investors including Ford and Amazon.
The electric-vehicle startup Rivian said on Tuesday that it will receive a $350 million investment from the automotive services company Cox Automotive. The companies will consider opportunities to work together on service, logistics, and digital retail, and Cox Automotive will add a new member to Rivian's board of directors. Founded in 2009, Rivian has now raised over $2 billion from investors including Ford and Amazon.
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