Monday, November 28, 2022
News Rivian Goes Prime With Amazon

Rivian Goes Prime With Amazon

Amazon announced the order of 100,000 electric delivery vehicles from Rivian during a special event this week.

Yesterday, Amazon announced The Climate Pledge, setting a goal to meet the Paris agreement 10 years only. One of the things mentioned in that Pledge, in order to commit to 80% renewable energy by 2024 and 100% renewable energy by 2030, was strike a deal with Rivian.

We know that earlier this year Amazon led a $700M investment round in Rivian Automotive and now Jeff Bezos announced the order of 100,000 electric delivery vehicles from Rivian.

The American retail company says the electric vans will start to deliver packages as early as 2021. By 2022 10,000 will be on the road and the full 100,000 Rivian electric delivery vans will be in circulation in 2030. The USA Today reports that we could see the first prototypes being used as of next year.

Amazon states by 2030, when all those 100,000 Rivian vans will be making deliveries, they will save 4 million metric tons of carbon per year.

Meanwhile, the Normal, Illinois-based company announced earlier this month another major investment. Indeed, Rivian Automotive received an $350 million equity investment from Cox Automotive. This marks the third investment announcement this year. Other than Cox Automotive and Amazon, Ford Motor Company also invested $500 million in April.

The Rivian R1S SUV and R1T truck, based on the company’s own flexible skateboard platform, are scheduled to be delivered to clients next year, in 2020.

Amazon’s Rivian delivery van | Photo: Amazon

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