rivian

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.

The exclusivity agreement dates back to 2019. Now, apparently the figures were a bit optimistic, as the very first deliveries were carried out last here, and Amazon itself realized it's not easy at all to stick to the terms of the agreement signed four years ago.

“We’re always excited for the holiday season, but making deliveries to customers across the country with our new zero-emission vehicles for the first time makes this year unique,” said Udit Madan, vice president of Amazon Transportation.

By working together, Mercedes-Benz and Rivian will be able to leverage operations synergies and substantially increase cost efficiency to help make the vans more affordable for commercial customers driven by total cost of ownership.