GM Talks With Amazon-Backed Electric Truckmaker Stall


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Bloomberg reported talks between General Motors and electric-vehicle startup Rivian Automotive  about the largest U.S. carmaker buying an equity stake have reached a stalemate.

According to Bloomberg, GM had weighed taking a stake in Rivian, but discussions ended in the past two weeks, with Rivian founder R.J. Scaringe wanting to keep his options open and look for other suitors.

 

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Terry Mulreany
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