rivian

"Amazon currently has more than 20,000 in its fleet and delivered over a billion packages from its Electric Delivery Vans in 2024 alone. Over the last year we have been focusing our efforts on testing with some larger fleets, and we’re really pleased with how those trials have gone", said Tom Solomo...

The JV will be known as Rivian and Volkswagen Group Technologies, and is based on a total deal size of up to $5.8 billion. Developers and software engineers from both companies will join the project, with teamsbased in Palo Alto, California, initially.

According to Reuters, "the production halt is the latest in a series of supply chain challenges for Rivian, which, like other EV makers, has grappled with significant production issues over the past two years due to supplier shortages".

According to the terms of the agreement, Volkswagen Group will invest an initial $1 billion in Rivian, with up to $4 billion in planned additional investment for a total expected deal size of $5 billion. Both companies aim to launch vehicles benefiting from the technology created within the joint ve...

The Rivian Commercial Van is the platform on which Amazon’s custom electric delivery van is based, and is designed from the ground up prioritizing safety, driver comfort, and sustainability. “This has been part of our plan with Rivian from the beginning – we’ve always said that we want others to ben...

According to Amazon, more than 300 electric delivery vans are hitting the road in Munich, Berlin, and Dusseldorf in the coming weeks, joining a fleet of thousands of electric vans already in operation in Europe.