Rivian Expands Beyond Amazon with AT&T Partnership for Commercial EVs

TL;DR Summary
Rivian has secured its first partner outside of Amazon for the purchase of its electric commercial vans, with AT&T signing on for a new pilot program. AT&T plans to incorporate Rivian Commercial Vans and R1 models into its fleet in early 2023 as part of its strategy to reduce costs, improve safety, and achieve carbon neutrality by 2035. This partnership marks Rivian's expansion beyond its exclusive agreement with Amazon and highlights the company's success in the EV market, as it recently raised its 2023 production goal and delivered over 15,500 vehicles in Q3.
- Rivian (RIVN) signs first non-Amazon buyer for Commercial Vans Electrek.co
- AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions Reuters
- Rivian's stock surges, lifting EV stocks after AT&T order news MarketWatch
- Rivian will make commercial EVs for AT&T in new pilot that ends Amazon exclusivity The Verge
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