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Amazon reaches 10,000 Rivian electric delivery vans in U.S.

EditorRachael Rajan
Published 10/18/2023, 09:14 AM
Updated 10/18/2023, 09:15 AM
© Reuters.  Amazon (AMZN) reaches 10,000 Rivian (RIVN) electric delivery vans in U.S.
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Amazon (NASDAQ:AMZN) co-founded The Climate Pledge in 2019, committing to becoming a net-zero carbon company by 2040. As part of the Pledge, Amazon partnered with Rivian (NASDAQ:RIVN) to introduce 100,000 electric delivery vehicles on the roads by 2030.

Just 3 years later after the pledge, Amazon deployed its first electric delivery vans in the summer of 2022 and now boasts a fleet of more than 10,000 across the U.S.

Expanding its reach, Amazon extended its custom vans to Europe, announcing that more than 300 vans will be operational in Germany, adding to the existing fleet of electric vans already in operation on the continent.

As of now, Amazon's customized electric vans are actively involved in deliveries in more than 1,800 cities nationwide, including major urban centers such as Alpharetta, Austin, Baltimore, Boston, Cleveland, Charlotte, Chicago, and many more. Not only this, but Amazon's expansion also includes newer locations like Anaheim, Green Bay, Lexington, and Silver Spring, as the company continues to roll out its vans to more areas.

To date, the delivery vans supplied by Rivian to Amazon have successfully transported over 260 million packages to customers across the United States.

Apart from the initial order of 100,000 custom electric delivery vehicles from Rivian, Amazon has added more than 15 different electric vehicle models to its fleet, including delivery vehicles, e-cargo bikes, and e-rickshaws.

Additionally, Amazon is investing in sustainable solutions such as green hydrogen and ultra-low carbon electrofuels to support its delivery operations and sustainability goals.

Shares of AMZN are down 1.37% Wednesday morning.

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