Rivian announced an equity investment of $350 million from global automotive services company Cox Automotive. In addition to the investment, the companies will explore partnership opportunities in digital retailing, service operations and logistics.

This partnership marks Rivian’s third investment announcement of 2019, following a $700 million investment round in February led by Amazon, and in April, a $500 million investment from Ford Motor Company. Rivian will remain an independent company, and Cox Automotive will add a representative to Rivian’s board.