By Kara Carlson | Bloomberg
Rivian Automotive, based in Irvine, said that it would now sell its electrical delivery van designed for Amazon.com to other customers, a decision to increase the income of fleet operators, demand from consumers of cars powered by battery slows down.
The commercial vehicle of the electric vehicle manufacturer can now be purchased by any size fleets, the company said in a statement on Monday. Rivian mainly produced the Amazon van as part of an exclusivity agreement that expired at the end of 2023. It also deployed the van to a number of nameless drivers customers to prepare for the mass market, A declared Rivian.
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Deliveries should start in the second quarter, said a spokesperson for Rivian.
If he gains ground, the commercial van could become a greater source of income in the middle of a broader slowdown in the absorption of consumer electric vehicles. Rivian declared a value of $ 742 million in Amazon – mainly linked to the delivery van – in the first nine months of last year, almost a quarter of its $ 3.2 billion in revenue income totals during the period.
Additional income would give Rivian a boost while working to reduce costs before the launch of his more affordable R2 SUV. A July Automotive report revealed that most fleets expect to have an EV for the next five years.
Amazon, one of the largest shareholders in Rivian, has a contract to take 100,000 vans from the manufacturer of electric vehicles by 2030. Rivian said that he had delivered more than 20,000 vehicles to date on Amazon, a Fraction of the online retailer’s package delivery fleet.
A shortage of a critical part of production in slow motion in the Rivian assembly factory alone in Illinois for several weeks last year, which prompted the company to reduce its production forecasts in the full year.
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