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General Motors Joins Race to Build an Electric Van

Rich Smith, The Motley Fool
General Motors Joins Race to Build an Electric Van

Electric truck start-up Rivian is building an electric van for Amazon.com's (NASDAQ: AMZN) delivery fleet, with Ford (NYSE: F) helping out. British start-up Arrival is building one for UPS (NYSE: UPS), with help from Hyundai and Kia. Citing five sources, Reuters reports that GM is working to create an "electric van aimed at business users," hoping to capture this segment of the market.