Amazon Expands Use of Rivian Electrical Vans for Vacation Deliveries By Investing.com

By Michael Elkins 

Amazon’s (NASDAQ:) fleet of electrical vans has been rising since their introduced partnership with Rivian Automotive (NASDAQ:). With a fleet that now exceeds 1,000 Rivian electrical vans, the retail big’s new zero-tailpipe emission autos have made greater than 5 million deliveries within the US.

The vans have been making their approach into Amazon’s service, as Rivian’s manufacturing tempo slowly accelerates. The EV firm stated it made 7,363 R1T pickup vans, R1S SUVs, and EDVs throughout the three-month interval that ended on September 30. Rivian additionally stated it delivered 6,584 autos throughout the identical span.

Prospects will start recognizing the vans delivering vacation items and packages to doorsteps in new cities, together with Austin, Boston, Denver, Houston, Indianapolis, Las Vegas, Madison, Newark, New York, Oakland, Pittsburgh, Portland, Provo, and Salt Lake Metropolis. This enlargement comes as Amazon and Rivian proceed their progress towards having 1000’s of autos on the highway by the top of the yr and 100,000 autos by 2030.

“We’re all the time excited for the vacation season, however making deliveries to clients throughout the nation with our new zero-emission autos for the primary time makes this yr distinctive,” stated Udit Madan, vice chairman of Amazon Transportation. “We have already delivered over 5 million packages with our autos produced by Rivian, and that is nonetheless just the start—that determine will develop exponentially as we proceed to make progress towards our 100,000-vehicle aim.”

“Fleet electrification is important to reaching the world’s zero-emissions aim,” stated Jiten Behl, chief progress officer at Rivian. “So, to see our ramp up in manufacturing supporting Amazon’s rollout in cities throughout the nation is superb. Not only for the setting, but in addition for our groups working arduous to get tens of 1000’s of electrical supply autos on the highway. They proceed to be motivated by our mixed mission and the nice suggestions concerning the automobile’s efficiency and high quality.”

Amazon is dedicated to reaching net-zero carbon by 2040 as part of its dedication to The Local weather Pledge, and electrical supply autos are an vital a part of Amazon’s work to decarbonize its transportation fleet.

Past the RIVN partnership, Amazon additionally just lately introduced plans to speculate greater than €1B over the following 5 years to additional electrify and decarbonize its transportation community throughout Europe.

Shares of AMZN and RIVN are down 0.85% and 0.30% respectively in mid-day buying and selling on Monday.