Amazon’s multibillion-dollar bet on electric delivery vans is a game-changer for startup Rivian
. The first 10,000 vans could be on the road by 2022, with the remainder to be added by 2030.
It’s the biggest such order for electric commercial vehicles in the U.S. to date and could be worth at least $4 billion for Rivian. Amazon estimates the electric fleet will cut its carbon emissions by 4 million metric tons a year by 2030. The timing of Bezos’ announcement coincides with efforts by the Trump administration to weaken tough fuel-economy regulations set by president Barack Obama and, efforts that have pushed the auto industry to develop electric and hybrid cars and trucks.
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