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Automakers

GM, Amazon in talks over stake in U.S. electric pickup maker, report says

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Rivian CEO R.J. Scaringe is pictured with the R1T electric pickup at the 2018 Los Angeles auto show. (REUTERS)
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By:
HARRY BRUMPTON and STEPHEN NELLIS
R
By:
Reuters
|
February 13, 2019 09:33 AM

Amazon and General Motors are in talks to invest in Rivian Automotive in a deal that would value the U.S. electric pickup maker at between $1 billion and $2 billion, people familiar with the matter said on Tuesday.

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