Rivian Electric Delivery Vehicles Hit the Road for Amazon
Amazon Expands Electric Vehicle Fleet
Customers across the U.S. will soon see custom electric delivery vehicles from Rivian delivering their Amazon packages. Amazon has ordered 100,000 electric delivery vehicles from Rivian, which the company holds a 20% stake in.
Alliance with Amazon and Volkswagen Fuels Ambitions
Rivian and Amazon's partnership began in 2019 with a deal to provide Amazon with 100,000 electric trucks. Recently, Rivian has announced an equity investment round of $700 million led by Amazon.
Investment Drives Growth
The investment from Amazon and Volkswagen will enable Rivian to expand its operations and accelerate the production of its electric vehicles. Rivian aims to take on Tesla with its adventure trucks and SUVs, and its partnership with Amazon provides a significant opportunity for growth.
Commitment to Sustainability
Rivian's electric delivery vehicles will enable Amazon to reduce its carbon footprint and support its sustainability goals. The delivery vans will initially roll out in over a dozen U.S. cities, including Baltimore, Chicago, and Dallas.
Focus on U.S. and Europe
Amazon is also deploying Rivian's electric vans in Europe. The company's investment in Rivian underscores the growing demand for electric vehicles and Amazon's commitment to clean energy.
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