India  
NewsR.in
> >

Exclusive: Amazon, GM in talks to invest in electric pickup truck maker Rivian - sources

Firstpost Wednesday, 13 February 2019 ()
By Harry Brumpton and Stephen Nellis (Reuters) - Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that would value the U.S. electric pickup truck manufacturer at between $1 billion and $2 billion, people familiar with the matter said on Tuesday.
0
shares
ShareTweetSavePostSend
 
Credit: The Street - Published < > Embed
News video: ICYMI: Amazon's Big News Week, Facebook and the FTC, Retail Earnings, Pepsi

▶ ICYMI: Amazon's Big News Week, Facebook and the FTC, Retail Earnings, Pepsi 03:00

Amazon.com Inc. was all over the news this week. Amazon Amazon is investing $700 million into electric pick up truck startup Rivian, which was announced Friday morning. This highlights the rising competition coming Tesla Inc.'s way. Tesla wanted to invest in making electric pickup trucks, but now...

You Might Like


Recent related videos from verified sources

Amazon Invests In Electric Pickups, Production Starts In Normal In 2020 [Video]Amazon Invests In Electric Pickups, Production Starts In Normal In 2020

Amazon is putting money into electric trucks. The online retailer led a $700 million investment in Michigan-based electric pickup maker Rivian and the vehicles are set to be made in Normal, Illinois...

Credit: CBS 2 Chicago     Duration: 00:29Published

'Pickup Trucks are the Hottest Selling' Car, Jim Cramer Says [Video]'Pickup Trucks are the Hottest Selling' Car, Jim Cramer Says

General Motors and Amazon are reportedly looking to invest in Rivian, a start-up that makes electric pick-up trucks. The deal, if completed, would value Rivian at between $1 billion and $2 billion. The..

Credit: The Street     Duration: 01:53Published

Amazon, GM may buy into electric truck startup: sources [Video]Amazon, GM may buy into electric truck startup: sources

Amazon and General Motors are in talks to invest in electric truck startup Rivian in a deal that would value the company at between $1 blillion and $2 billion, sources tell Reuters. Ryan Brooks..

Credit: Rumble     Duration: 02:30Published

Ford's All-electric Version Of Its F-150 Pickup Truck [Video]Ford's All-electric Version Of Its F-150 Pickup Truck

According to Business Insider, Ford took the occasion of the Detroit auto show kicking off this week in Motown to announce an all-electric version of its best-selling F-150 pickup. The automaker has..

Credit: Wochit     Duration: 00:39Published

World’s first electric adventure truck can go 400 miles without recharging [Video]World’s first electric adventure truck can go 400 miles without recharging

This electric pickup truck can go 0 to 60 in 3 seconds

Credit: In The Know Innovation & Gad     Duration: 01:01Published


Recent related news from verified sources

Exclusive: Amazon, GM in talks to invest in electric pickup maker Rivian - sources

Amazon.com Inc and General Motors Co are in talks to invest in Rivian Automotive LLC in a deal that will value the U.S. electric pickup truck manufacturer at...
Reuters India Also reported by •Sify

Amazon places big bet on aspiring Tesla rival Rivian

Amazon.com Inc said on Friday it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant's...
Reuters India Also reported by •Sify

Tweets about this


Other recent news in Business

Global Markets: Asia shares steady after Fed MINUTES, Aussie ralliesSAMSUNG announces folding phone with 5G - at nearly $2,000
Blown away by innovation or price? Samsung's foldable phone opens new frontierHardik Pandya ruled out of AUSTRALIA series, Jadeja named as replacement
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  In the News  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest