Issue 7 – Amazon & GM!!! Electric Pickup?

According to Reuters news, Amazon & GM are in talks to invest in electric pickup truck maker Rivian Automotive LLC. If the big boys move forward with this investment, it will give them a minority stake in the company. However, the big winner will be Rivian as it brings credibility to the company as well as all of GM’s manufacturing relationships and knowledge. As we know, GM has a relationship with Magna international Inc (TSX: MG) and Martinrea International Inc (TSX: MRE).

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By Charles Marleau, CIM & Joany Pagé, CFA


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By William Mitchell