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On Oct. 1, Rivian shared new details of the Amazon deal in a filing with the U.S. Securities and Exchange Commission, revealing how closely its fate is tied to one of its biggest benefactors.
Rivian has at least one big customer: Amazon. Besides being a Rivian investor, the tech giant also ordered 100,000 units of a delivery van to the electric car startup.
Rivian will have to deliver the other 90,000 units by 2030. Amazon estimates the electric delivery trucks will prevent 4 million metric tons of carbon from reaching the atmosphere by 2030.
Rivian’s most immediate goal is to deliver 300 vans to Amazon by year-end, according to people familiar with the deal. The first 10,000 units are due by the end of 2022.
If Amazon and Rivian do indeed break their exclusivity deal, that would allow the latter to explore additional partners. Rivian is looking to increase production numbers for its EV trucks, and ...
Rivian’s Focus Is Amazon Delivery Vans, Not Trucks or SUVs: Report Satisfying its biggest customer is apparently even more important to Rivian than producing the R1T or R1S. James Gilboy ...
Amazon buys 100,000 Rivian electric trucks in pursuit of carbon neutrality By Nick Lavars September 19, 2019 Rivian's bespoke electric delivery van for Amazon Amazon View 3 Images View gallery - 3 ...
Startup electric truck manufacturer Rivian continues to see robust demand for its inaugural products, with nearly 200,000 orders in hand, and a long way to go to fill them. Rivian announced during ...
Amazon said this fleet of Rivian-built vans will take millions of metric tons of carbon out of the air by 2030. We'll first see the vans hit the road in 2021 with a deployment of 10,000.
Starting in 2021, some Amazon delivery drivers will sit behind the wheel of a new electric delivery truck made with Rivian. You may already be familiar with the Rivian name.
Amazon will be stepping up its efforts to reduce its climate impact, CEO Jeff Bezos announced on Thursday. The company will be ordering 100,000 electric delivery trucks from Michigan’s Rivian as ...
Amazon has begun testing the first of a planned 100,000 Rivian electric vans on delivery routes in San Francisco. The city is one of 16 where Amazon plans to deploy electric delivery vehicles in ...