An exclusive agreement between Amazon and Rivian for 100,000 electric delivery vans is reportedly on its way to being scrapped. Rivian is negotiating its way out of the deal after Amazon asked for only 10,000 electric vans this year, below the electric carmaker’s expectations.
Ending the agreement would allow Rivian to shop its delivery vans to other buyers in a bid to shore up more business to stay afloat. Electric commercial vehicles are expected to boom by more than 30% this year, compared to last year, according to analysts. That would bode well for Rivian to supplement its retail market with commercial vehicles that aren’t tied to Amazon.
