🚖Sumitomo Corporation of Americas Makes Strategic Investment In Rivian

By Car sharing, AUTO

🚖Sumitomo Corporation of Americas Makes Strategic Investment In Rivian

Sumitomo Corporation , through Sumitomo Corporation of Americas is pleased to announce its investment in Rivian Automotive, Inc. through a third-party allocation of newly issued shares.

Rivian is developing an integrated portfolio of electric vehicles, technologies and services to reimagine the customer experience.

Rivian’s premium vehicle platform enables new customer models and integrates with the company’s cloud-based digital architecture, self-driving platform and advanced battery system.
http://www.sumitomocorp.co.jp/english/news/detail/id=30464

More from tokioX :

  1. Sumitomo Rubber Wants To Develop Electricity-Generating Tires
  2. Cruise Secures $1.15 Billion of Additional Investment
  3. Toyota Group: Bus stop · Accuracy 3 cm achieved by bouncing – Strategic Creation Program (SIP)
  4. Toyota Advances Mobility as a Service Strategy with Strategic Investment and Collaboration with Grab, the leading Ride-hailing Company in Southeast Asia
  5. 🚖Toyota Connected North America Partners With Avis Budget Group to Enhance Customer Rental Experience
  6. 🏹Sumitomo Corporation Invests in US Developer of Cloud Platform for Mobility Service
  7. 🎗Michelin and Sumitomo Corporation to Create Second-Largest Wholesale Player in the US and Mexico