Rivian wants to offer its electric delivery vans to others in the future and is therefore negotiating with Amazon to lift the exclusivity clause that is part of the companies’ deal. This comes as Amazon’s orders remain allegedly below expectations.
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The US electric car start-up Rivian has presented its annual report for the fourth quarter and the full year of 2022. While revenues are increasing along with the deliveries of the vehicles, losses have also continued to rise due to scaling production costs.
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A new joint venture wants to benefit from California’s bid to transition the trucking industry to zero emission. Forum Mobility, CBRE and Homecoming Capital poured $400 mn into funding the venture and have investors like Amazon already engaged with plans to progress e-trucks as a service this year.
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Amazon has announced expanding its UK e-cargo bike fleet with the launch of three more micromobility hubs in Manchester and London. This is part of the online giant’s one-billion-euro initiative to decarbonise logistics in Europe.
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Amazon India has signed a Memorandum of Understanding with Indian manufacturer TVS Motor. TVS will deploy electric two and three-wheelers for Amazon’s last-mile deliveries in India.
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Amazon has announced investing over one billion euros into decarbonising its logistics operations in Europe within the next five years. The online retailer targets doubling the electric vehicle fleets with plans for purchasing thousands of new EVs, including large trucks and corresponding mega-watt charging infrastructure.
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In Germany, Volvo Trucks is to deliver 20 FH Electric heavy-duty electric trucks to Amazon before the end of the year. The electric trucks are to replace Amazon’s old diesel vehicles. Volvo Trucks only recently started series production of the FH Electric in Gothenburg, Sweden.
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Mercedes-Benz Trucks has found two solid partners to begin real-world testing the eActros LongHaul truck. Amazon and logistics operator Rhenus will integrate Daimler’s electric truck into operations next year, focusing on Megawatt charging.
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Amazon has begun using Rivian electric vans to deliver packages in the US. The launch will take place in more than a dozen cities, including Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle and St Louis.
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India’s largest commercial vehicle maker Tata Motors has launched the new Ace EV – the electric version of the company’s popular commercial vehicle. The 154 km range small electric truck already has 39,000 bookings.
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DAF Trucks, part of the US Group Paccar, has delivered five heavy-duty electric trucks to Amazon UK. The EVs can carry up to 37 tons and join what Amazon calls its “middle mile” delivery fleet. They are also the first e-trucks in their class Amazon is operating in Europe.
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Rivian has presented its business figures for the fourth quarter and the 2021 fiscal year. Due to the expenses for the production ramp-up, the loss increased enormously. As deliveries are still at a manageable level, sales are still low.
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Amazon today became Stellantis’ first commercial customer for the new Ram ProMaster Battery Electric Vehicle launching in 2023. The merger between FCA and PSA expects the long-term agreement with Amazon to help them put thousands of BEV ProMasters on the road every year.
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US manufacturer Cenntro has sold 2,000 electric vehicles to Japan with Amazon Fleet and Hana Cupid among the first to deploy these minivans called Metro. The EV is also the first vehicle not made in Japan to have received Kei-car approval.
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Amazon has now increased its stake in electric vehicle start-up Rivian to around 20 per cent. This became known via a notification from the e-commerce giant to the US Securities and Exchange Commission (SEC). The online retailer is known to be both an investor and a major customer of Rivian.
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In view of Amazon’s large order for 100,000 electric transporters from US start-up Rivian, there are new details on the vehicle data. The van, designed especially for the online retail giant, is to be built in two equipment lines and three sizes.
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ABB’s corporate startup Panion and Amazon Web Services (AWS) are launching the test phase of their jointly developed digital solution for electric vehicle fleet charge planning. The cloud-based software, called Panion EV Charge Planning, is dedicated to real-time management of electric fleets and charging facilities.
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The battery recycling start-up Redwood Materials, founded by ex-Tesla CTO JB Straubel, has raised more than 700 million US dollars from a group of strategic investors. The money is to be used to finance expansion.
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Electric car startup Rivian has landed a true PR coup. Amazon founder Jeff Bezos and his crew drove the Rivian R1S e-SUV to the launch pad on Tuesday before their trip into space. But the choice of car is not entirely surprising.
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After Beta Technologies received an order for the delivery of ten vertical take-off and landing electric air vehicles by the UPS subsidiary UPS Flight Forward at the beginning of April, the US manufacturer now reports the closing of a financing round for 368 million US dollars.
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ABB and Amazon Web Services have announced a partnership to develop a cloud-based digital solution for the real-time management of electric vehicle fleets. The new platform is scheduled to launch in the second half of 2021.
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Amazon India has just partnered with Mahindra Electric and has announced they will deploy close to a hundred Mahindra Treo Zor EVs in seven major cities across the country. Amazon’s rival on the e-commerce marketplace in India, Flipkart, has also just announced that they will deploy more than 25,000 electric vehicles by 2030.
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The US electric car startup Rivian, supported by Amazon and Ford, is looking for European locations for a new plant. Germany, the United Kingdom and Hungary are among the countries under discussion, sources close to the matter said.
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After Amazon announced in September 2019 that it would order 100,000 electric delivery vans from Rivian, the e-commerce giant has now begun testing the new e-transporters on delivery routes in parts of Los Angeles. The trials are right on (record) time.
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Amazon plans to procure up to 2,500 all-electric Lion 6 and Lion 8 trucks from Canadian manufacturer Lion Electric by 2025. The framework agreement already concluded with Amazon in July 2020 was revealed hidden in a long stock exchange notice.
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Electric car startup Rivian is reportedly close to closing a multi-billion dollar financing round. According to a media report, the new investments are expected to bring Rivian a valuation of 25 billion US dollars (around 20 billion euros).
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ZeroAvia, a company specialising in electric aircraft propulsion systems, has raised the equivalent of 17.5 million euros in a Series A financing round and, in parallel, received a commitment for a million-euro grant from the British government.
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The Californian startup Zoox, acquired by Amazon in June 2020, has just revealed a preview of its first Robotaxi. It is, of course, purely electric and is designed for fully autonomous driving, doing without either a steering wheel or driver’s cockpit.
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Mercedes-Benz Vans plans to put the eSprinter on a new platform. The ‘Electric Versatiles Platform’ (EVP) is meant to enable greater ranges and various superstructures in order to prepare the electric Sprinter for the requirements of the North American market and potential customer Amazon.
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The electric kick-scooter sharing company Voi Technology has completed its Series C financing round. The Swedish mobility company was able to raise $160 million to accelerate the company’s expansion.
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