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Amazon and Rivian Bring Electric Delivery Vehicles to Hundreds of U.S. Cities

Stock Markets Jul 21, 2022 13:24
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By Michael Elkins

Amazon (NASDAQ:AMZN) and Rivian (NASDAQ:RIVN) have teamed up to bring service to customers while honoring their 2019 “Climate Pledge” to reach net-zero carbon across their operations by 2040. Customers across the U.S. will begin to see custom electric delivery vehicles from Rivian delivering their Amazon packages, with the electric vehicles hitting the road in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, and St. Louis, among other cities.

The vehicles are designed from the ground up with safety, sustainability, and comfort in mind, and have been thoroughly tested by drivers across the country.

“Fighting the effects of climate change requires constant innovation and action, and Amazon is partnering with companies who share our passion for inventing new ways to minimize our impact on the environment. Rivian has been an excellent partner in that mission, and we’re excited to see our first custom electric delivery vehicles on the road,” said Andy Jassy, CEO of Amazon. “Today marks a significant milestone in our Climate Pledge commitment. Rivian was one of the first companies Amazon invested in through the Climate Pledge Fund, and we’re just getting started on our journey to have 100,000 of Rivian’s vehicles on the road by 2030. And, in addition to being sustainable, these new vehicles are also great for drivers—they were designed with driver input and feedback along the way, and they’re among the safest and most comfortable delivery vehicles on the road today.”

Amazon has been testing deliveries with Rivian preproduction vehicles since 2021, delivering over 430,000 packages and accumulating over 90,000 miles.

“Today represents an important step, not just for Amazon and Rivian as partners, but also for transportation and the environment,” said RJ Scaringe, CEO of Rivian. “In 2019, Rivian and Amazon committed to fast-tracking a new type of delivery vehicle that would result in a significant reduction of carbon emissions. Thanks to our teams’ dedication, hard work and collaboration, and a shared commitment to make the world a better place for our kids’ kids, that vision is now being realized. To say this is an exciting moment is an understatement—we’re thrilled to see this partnership has kickstarted decarbonization projects across the logistics delivery industry.”

The rollout is expected to continue with thousands of Rivian’s electric vehicles delivering to over 100 cities by the end of the year — and 100,000 cities across the U.S. by 2030.

Amazon and Rivian Bring Electric Delivery Vehicles to Hundreds of U.S. Cities
 

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