Rivian doesn't want its vans to be exclusive to Amazon.
Electric automaker Rivian is looking to end the exclusivity part of its electric van deal with Amazon,The e-commerce giant is the largest investor in the electric truck and van startup. The company supported Rivian early on, inking a deal to buy electric delivery vans long before the R1T truck or R1S SUV made it to market. As part of that deal, however, Amazon has the exclusive right to purchase the delivery van from Rivian.
"We continue to work closely together and are navigating a changing economic climate, similar to many companies.” Having another product to sell would be a boon to Rivian. The company has recently scaled back its ambitions to conserve capital. It's put off its R2 line of vehicles, which were supposed to be lower-cost, higher-volume options to broaden the brand. Money's tight, though, and new products are expensive. But the EDV is a finished product, one already proven in the field, and one with a wide potential market base.
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