Rivian has closed an investment round of $1.3 billion, the fourth investment the battery-electric truck and SUV startup will receive in 2019.
Aiming to get some diesel-powered delivery trucks off the streets, the Big Apple has approved a pilot to evaluate the performance of "cargo bicycles" on its streets, loading zones, bike lanes, and sidewalks.
The retail giant has made a $440 million fleet order to electric truckmaker. The company says new vehicles will hit roadways as early as 2021.
As it builds out its delivery fleet, Amazon is moving toward using a battery-electric delivery vehicle produced by Rivian Automotive. Amazon is leading a $700-million investment in the company.
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