Amazon Rivian deal: online retailer orders 100,000 electric vans for $5bn
Amazon has placed a $5 billion order with startup company Rivian for 100,000 fully electric delivery vans, to hit the road from 2021.
The move forms part of Amazon's newly announced climate-change plan, revealed by CEO Jeff Bezos at an event held on Thursday at the National Press Club in the US capital Washington D.C.
According to Bezos, Amazon is aiming to use 100% renewable energy by 2030, with a target of 80% by 2024, at which point he also expects all 100,000 Rivian vans to be deployed.
The company is also planning to assist its suppliers to help them decarbonise and hit the same goals.
Back in February, Amazon led a $700 million investment round in Rivian, which has also attracted investment from Ford.