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Amazon invests $700 million on electric truck maker Rivian

(Bloomberg)—Amazon.com Inc. led a $700 million equity investment in Rivian Automotive LLC, the electric pickup and SUV maker that debuted its first vehicle concepts late last year. The backing from Amazon will bolster Michigan-based Rivian’s plans to bring an electric truck to market late next year. Rivian remains in talks with General Motors Co. about […]

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