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Amazon CEO Jeff Bezos 'very excited' about developments in auto industry

Amazon CEO Jeff Bezos 'very excited' about developments in auto industry

The company recently made a big investment in EV maker Rivian.

Following Amazon's investment in startups Rivian and Aurora, chief executive Jeff Bezos has gathered employees to express his enthusiasm for developments in the automotive industry.

"If you think about the auto industry right now, there's so many things going on with Uber-ization, electrification, the connected car -- so it's a fascinating industry," he said at the gathering, as quoted by CNBC. "It's going to be something very interesting to watch and participate in, and I'm very excited about that whole industry."

The investments in prospective EV maker Rivian and autonomous tech developer Aurora are part of Amazon's $1.4 billion ownership stakes in outside companies.