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Amazon disclosure reveals 20% stake in Rivian as IPO approaches

Amazon.com owns a 20% stake in electric-vehicle maker Rivian, the startup with which it has placed an order for 100,000 battery-powered delivery vans, the e-commerce giant disclosed Friday in a securities filing. As of Sept. 30, Amazon held equity investments “including preferred stock of Rivian Automotive, Inc. representing an approximately 20% ownership interest,” which will

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2022 Land Rover Range Rover, 2022 Mercedes-Benz AMG SL, 1971 Datsun 240Z: This Week’s Top Photos

Land Rover revealed a redesigned Range Rover this week, with the new fifth-generation model to arrive at dealerships next spring as a 2022 model. While the exterior styling hasn’t changed all that much, underneath is a new platform that supports battery-electric powertrains and perhaps eventually hydrogen-electric powertrains. 2023 Chevrolet Corvette Z06 Chevrolet’s new Corvette Z06

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U.S. House plan would give EVs a boost but faces opposition

WASHINGTON — A $1.75 trillion Democratic spending proposal could give a big boost to electric vehicles especially to Detroit’s Big Three automakers and the U.S. Postal Service, but it faces opposition from Republicans, foreign automakers, Canada and Mexico. The House plan boosts electric vehicle credits to up to $12,500 per vehicle, including $4,500 for union-made

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