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Amazon and electric car maker Rivian team up to roll out 10,000 custom electric vehicles this year

Although still in the design stage, a host of features are aimed at improving driver efficiency and reducing carbon emissions

Although still in the design stage, a host of features are aimed at improving driver efficiency and reducing carbon emissions

E-commerce platform Amazon is working with electric vehicle maker Rivian to develop and deploy a fleet of 10,000 electric delivery vehicles this year and 100,000 such vehicles by 2030.

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The new delivery vans are intended to reduce carbon emissions and increase driver efficiency.

“Manufactured at Rivian’s factory in Normal, Illinois, they will be available in three size variants and support multiple battery sizes so they can be optimized for specific delivery routes,” said one. blog post from Amazon on Wednesday.

Rivian does not revamp an existing model, but creates a new custom vehicle to meet Amazon’s specific needs.

Some planned design features include automated emergency braking, front-wheel-drive and all-wheel-drive options, lane-keep assist, pedestrian warnings, traffic pattern recognition, and automated alerts while driving. cases of distracted driving.

Amazon’s post said the vehicles would save “millions of metric tons of carbon” every year. Vehicles will also integrate Amazon Alexa to eliminate the need for other devices or programs to assist drivers.

However, the news comes as Rivian CEO RJ Scaringe announced via an internal memo this week that the company would cut 6% or more of 800 of its 14,000 employees. The business leader cited economic conditions as the reason for the decision.

Rivian stock is up 18.60% over the past month, but has fallen 43.96% over the past six months.

Meanwhile, Amazon stock has risen 12.64% over the past month, but has fallen 15.98% over the past six months.