- Reuters, Wednesday, February 13, 2019 10:29 PM
Amazon and General Motors are in talks to invest in Rivian Automotive in a deal that would value the so-called “electric adventure vehicle” at between $1 billion and $2 billion, sources
told Reuters. “It would be a major boost for the Plymouth, Michigan-based startup, which aspires to be the first carmaker to the U.S. consumer market with an electric pickup,” per
Reuters.The deal would come as another electric car manufacturer, Tesla, struggles to stabilize production and deliver consistent profits.
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