By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Rivian to end exclusivity with Amazon, allow other companies to buy its electric vans
preview.jpg
FILE- An driver drives a Rivian electric van as packages are delivered for Amazon Prime, Friday, Aug. 4, 2023, in Thornton, Colo. Electric vehicle maker Rivian said Tuesday, Nov. 7, 2023, that it will allow other companies to purchase its fleet of delivery vans and end its exclusive agreement with Amazon. - photo by AP Photo/David Zalubowski, File
Electric vehicle maker Rivian said Tuesday that it will allow other companies to purchase its fleet of delivery vans, ending an exclusive agreement with Amazon. In an announcement made alongside its third quarter earnings, the Irvine, California-based car maker said the decision provides other companies more opportunity to electrify their delivery fleets and reduce carbon emissions. The agreement with Amazon, made in 2019, included provisions that barred Rivian from selling commercial vans to other customers and provided Amazon exclusive access to the vans for four years from when it began receiving the EVs.