Reports: GM And Amazon In Talks To Buy Electric Pickup Truck Maker
OE

Reports: GM And Amazon In Talks To Buy Electric Pickup Truck Maker

Based in Plymouth, Michigan, Rivian has set its sights on being the first automaker to bring an electric pickup to the U.S. consumer market. 

Reuters and other major media outlets have reported today that GM and Amazon.com are in discussions to invest in Rivian Automotive, an electric pickup truck maker based in the U.S.

Reports have indicated that the deal, which would give both Amazon and GM minority states in Rivian, could be worth between $1 billion and $2 billion. Based in Plymouth, Michigan, Rivian has set its sights on being the first automaker to bring an electric pickup to the U.S. consumer market.

Amazon and GM have not yet commented on the deal.

You May Also Like

Opus IVS Adds Tech Advancements, Extended ADAS Support

The new Giotto software update offers comprehensive support for MY24 vehicles.

Opus IVS launched the Giotto software's latest iteration, release 22.0, which integrates into its DriveSafe and DrivePro products. The newly enhanced Giotto release offers comprehensive support for MY24 vehicles, along with advanced system coverage across nearly every North American make, the company said. The latest content update brings the entire MY24 range of VW/Audi within reach, complemented by additional ADAS support for GM vehicles. Furthermore, Opus IVS has introduced enhanced EV coverage for GM trucks.

KYB OE Shocks Adopted by Volkswagen Group

KYB’s DCC Pro electronically controlled shock absorbers will equip new Tiguan, Passat Variant, SKODA and other VW models.

Vehicle Suppliers Increase Layoffs as UAW Strike Continues

In a survey of its OE suppliers, MEMA found layoffs increased by nearly 10% week-over-week.

UAW Detroit Three Strike
ClearMotion Partners with BWI Group on Suspension Parts

The two firms collaborated on the ClearMotion1 (CM1) high-bandwidth active suspension system.

Clearmotion BWI suspension
Ferodo Adds Hybrid Friction Material Composites for Brake Pads

Tenneco’s Ferodo OE braking business has introduced copper-free hybrid friction material composites.

Ferodo Tenneco hybrid friction brake pads

Other Posts

Hitachi Astemo Receives GM 2023 Overdrive Award

Hitachi Astemo was one of just eight companies to earn the Overdrive Award for programs in 2023.

Hitachi Astemo Receives GM 2023 Overdrive Award
Lear Wins a GM 2023 Supplier of the Year Award

The award recognizes global suppliers that exceed GM’s expectations, and provide cutting-edge innovation and world-class quality.

BASF Named a 2023 Supplier of the Year by GM

This year’s win marks the 17th time that BASF has been honored with the Supplier of the Year award in the 32-year history of GM’s recognition program, the company said.

BASF supplier of the year GM
FLO, GM Activate Plug and Charge for GM EV Drivers in Canada

FLO’s technology confirms identification, authorizes the charging session and activates billing without any additional action from the driver.