Amazon (AMZN) has inked a strategic partnership agreement with Stellantis NV as it seeks to gain a stronger foothold in the transportation industry. Reuters reports that the two are developing cars and trucks using Amazon's technology. The partnerships will also result in the deployment of Stellantis electric vans to Amazon's delivery network. AMZN shares fell 1.89% to close at $3,287.14 on January 5. Amazon is a U.S. company that offers online retail shopping services. It also offers cloud computing services, database storage, and other services. Amazon's earnings report for Q4 2021 is scheduled for February 03, 2022.
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