Amazon Fleet Electrification Sees 5,000 Rivian Vans on Roads
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Amazon.com Inc.’s electrification of its delivery fleet gained pace over the past six months while still lagging earlier targets.
The e-commerce behemoth, which ranks No. 19 on the Transport Topics Top 100 list of the largest private carriers in North America, said July 6 more than 5,000 electric delivery vans had been rolled out over the past 12 months.
Rivian committed to delivering 10,000 electric vans to Amazon by the end of 2022. Some 3,000 were on the road by the end of last year.
Amazon expects to have 100,000 electric delivery vehicles by 2030, part of a commitment to achieve net-zero carbon emissions by 2040. Amazon operates 1,645 tractors and 12,835 trucks.
New milestone in our electrification journey!
We've rolled out 5,000+ of our electric delivery vehicles from @Rivian and are delivering smiles to customers in 800 cities across the U.S. We also just launched them in Europe, with 300 soon in Germany! https://t.co/x0cpsGaOUm pic.twitter.com/VH56212Soh — Amazon News (@amazonnews) July 6, 2023
Amazon, which owns a 17% stake in Rivian and is its largest shareholder, said that more than 150 million packages had been delivered by the company’s U.S. electric van fleet.
Earlier this week, Amazon said deliveries by its first 300 European Rivian vans were set to get underway after testing began last year. Amazon’s European delivery vans are shorter and slimmer than their American counterparts.
In October, Amazon pledged to invest more than 1 billion euros ($1.08 billion) in the electrification of its European delivery fleet.
Rivian said July 3 it produced 13,992 vehicles in the second quarter of 2023 and reaffirmed plans to more than double output to 50,000 vehicles this year. Rivian also manufactures the R1T light-duty truck and R1S SUV. It did not provide a breakdown of how many vans, trucks and SUVs were built.
Q2 production and delivery numbers are in:
Vehicles Produced - 13,992
Vehicles Delivered - 12,640
Our ramp is progressing and we remain confident with our annual production guidance. — Rivian (@Rivian) July 3, 2023
Irvine, Calif.-based Rivian said June 20 that owners of the truck and SUV would be able to use Tesla Inc.’s charging ports as early as 2024 via an adapter. Rivian followed Ford Motor Co. and General Motors Co. in striking deals with Tesla.
Over the past two weeks, Rivian’s stock price jumped about 50%, rising from less than $13.50 a share June 27 to more than $20 on July 6 as it regained ground lost in late February and early March.
The company’s share price is still around half its 52-week high of $40.86 following a steep decline that began in December after a deal to build vans with Mercedes-Benz AG in Europe was scrapped.
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