Rivian and Amazon Revise Exclusivity Agreement for Electric Delivery Vehicles
Amazon's Fleet to Welcome Rivian's Electric Delivery Vehicles
Discussions Underway to Modify 2019 Agreement
Amazon and Rivian Automotive are reportedly in discussions to adjust the exclusivity clause of their 2019 agreement for the electric delivery vehicle (EV). Amazon currently holds a 20% stake in Rivian, and the initial agreement included provisions that barred Rivian from supplying EVs to other companies.
Amazon's ambitious goal to operate a fleet of 100,000 electric delivery vehicles globally by 2030 has been a driving force behind its partnership with Rivian. The company's first Rivian electric delivery vehicles (EDVs) are expected to begin delivering to customers officially in the coming weeks.
The revision to the exclusivity clause, if agreed upon, would allow Rivian to expand its customer base beyond Amazon. This move could potentially boost Rivian's revenue and accelerate the adoption of electric delivery vehicles across the industry.
The outcome of the discussions between Amazon and Rivian is yet to be determined. However, the potential adjustment to the exclusivity clause signals a shift in the relationship between the two companies and could have significant implications for the future of electric vehicle production and delivery.
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