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Amazon and GM can invest in Rivian's electric truck



Negotiations are not guaranteed to bear fruit, although Reuters understood that a successful deal could be announced as early as February.

Amazon told Engadget it refused to comment on rumors and speculation. In a statement to Bloomberg GM spokesman Pat Morrissey did not confirm or spoke the talks, but said that the brand "admires [s] Rivian's contribution to a future with zero emissions and an all-electric future."

For GM, the incentives to return the Rivian quite clearly. It shifts the focus on electric vehicles, and an investment in the Rivian can give it access to the young outfit's long-lasting batteries and design knowledge. It can ensure that Tesla's any pickup also has some competition. The Amazon's motivations are not that clear, but it has recently invested in a self-propelled technology startup and has taken greater control over the delivery operations. It can theoretically set Rivian's work for use in cargo and courier.


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