It has also agreed to a deal with Amazon to supply 100,000 electric delivery vans by 2030.
Rivian has a deal to produce the first electric Lincoln for Ford, with the Detroit automobile major contributing $500m towards the project. “Rivian vehicles are fully certified by NHTSA, EPA and CARB, and are ready for sale in all 50 states,” a Rivian spokesperson wrote in an email to Bloomberg. Number of electric delivery vans Ford will supply Amazon by 2030 In emails to both Bloomberg and TechCrunch, Rivian confirmed that it had received the necessary approvals to deliver the RT1 to customers across the US, with the light-duty pickup truck being fully certified by the National Highway Traffic Safety Administration, the Environmental Protection Agency, and the California Air Resources Board. There’s no word on how many trucks were produced or on how Rivian is going to ramp up production.ĭelivering the first saleable electric truck is undoubtedly a major coup for the startup automobile company, and investors will naturally be concerned over what this means for the Tesla and General Motors share prices. The news was heralded by a tweet from founder and CEO RJ Scaringe announcing that the first R1T pickup had driven off the assembly line on 14 September. The EV start-up has beat Tesla, General Motors, and others in what will become one of the major segments as the automobile manufacturers transition from petrol to electric vehicles. Rivian is the first automaker to bring an electric pickup to the consumer market. Another headwind for Tesla and General Motors share prices
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