The EV maker is in discussions with Amazon to remove the exclusivity clause of their delivery van agreement.
A 20% price increase on its electric pickup truck did not go over well. The company president announces they will return preorder holders back to their original prices.
These custom electric delivery vehicles will also be tested out in 15 additional cities through 2021.
Amazon revealed a video, photos, and some details of the van’s features but did not include battery or drivetrain specs. The timeframe for initial deployment is now “as early as 2022.”
The investment round of $2.5 billion comes as the electric vehicle startup retools its factory to produce its three electric vehicles starting in 2021.
Ford’s electric F-150 is due by mid-2022. Is this a realistic assessment of the electrification timeline, or is Ford late to the game?
Ford Motor Co. is investing $500 million in Rivian and will use its "skateboard" platform for a new battery-electric vehicle to bring expanded electrification to its lineup.
As it builds out its delivery fleet, Amazon is moving toward using a battery-electric delivery vehicle produced by Rivian Automotive. Amazon is leading a $700-million investment in the company.
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