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Oct 6, 2021 • 6 tweets • 3 min read
NEW: Amazon Shapes Rivian’s EV Future and Hope for $80 Billion IPO $AMZN $RIVN.
@KeithNaughton
and I report on how Rivian is now priotising Amazon's van in what's a key program for both companies. 1/
bloomberg.com/news/articles/…
NEW: Internally, the $AMZN van is now the priority for Rivian. After putting 1MN miles of validation testing on R1T pickups in Aug., then starting production, the startup is shifting all efforts/energy to get the van started. The aim: to deliver 300 vans to $AMZN by year-end. 2/