Rivian begins deliveries of new electric delivery van specs with 30% increased range
RIVN Rivian Automotive Inc
$13.70 -2.21%
View chart & analysis → - 1Rivian began delivering new specifications of its electric delivery van last month, featuring all-wheel drive and a high-capacity battery with a 30% increase in range.
- 2The new specifications target wider rural delivery networks, and Rivian opened doors to other commercial customers by ending its exclusivity agreement with Amazon at the end of 2023.
- 3The original text notes that there are no large-scale adoption contracts yet because test runs take time, and points out that Amazon's consent is still required for sales to some final delivery and retail customers.
So what's the key point?
Rivian started delivering a new version of its electric delivery van last month with a 30% increase in driving range. While the van aims to cover rural deliveries, Amazon's permission is still needed to sell to certain customers.
Source The Motley Fool +1 · View original ↗
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