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Amazon and GM could put money into Rivian’s electrical pickup vehicles

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Amazon and GM could put money into Rivian’s electrical pickup vehicles


The talks aren’t assured to bear fruit, though Reuters understood {that a} profitable deal could possibly be introduced as early as February.

Amazon advised Engadget it declined to touch upon rumors and hypothesis. In an announcement to Bloomberg, GM spokesman Pat Morrissey did not verify or deny the talks however did say that the model “admire[s] Rivian’s contribution to a way forward for zero emissions and an all-electric future.”

For GM, the incentives to again Rivian are pretty clear. It is shifting its focus to electrical autos, and an funding in Rivian might give it entry to the younger outfit’s long-lasting batteries and design know-how. It might be certain that Tesla’s eventual pickup has some competitors, too. Amazon’s motivations aren’t so obvious, however it only recently invested in a self-driving tech startup and has been taking better management of its supply operations. It might theoretically put Rivian’s work to make use of in cargo and courier autos.



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