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Amazon’s “Game-changer” EV van now open to everyone

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Electric vehicle manufacturer Rivian is actively pursuing new customers for its electric vans following the conclusion of its exclusive partnership with retail giant Amazon.

 
The partnership, which had enabled Rivian to secure a significant order for delivery vans, has now concluded, opening up new opportunities for the company.

Rivian has established a strong reputation in the electric vehicle market, with its vans gaining popularity for their eco-friendliness and efficient design. With the Amazon deal no longer exclusive, the company is looking to expand its market presence and cater to a wider range of potential clients.

The move comes as the demand for electric delivery vehicles continues to rise, driven by environmental concerns and government regulations promoting cleaner transportation options.

Rivian aims to capitalise on this trend and diversify its clientele, potentially partnering with various companies and delivery services.

The transition marks a pivotal moment for Rivian, and industry experts are keen to see how the company will adapt and compete in an increasingly competitive market.

As electric delivery vans gain traction worldwide, Rivian’s strategic decisions will play a crucial role in determining its future success. #featured

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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