Amazon bets on Rivian EVs to deliver packages
In a move which will potentially disrupt the EV markets, EV producer Rivian has been given the green light to provide vehicles to help deliver Amazon packages.
In a year when splashing cash at the shops simply hasn’t been an option, it’s been easy to open up your smartphone and shop online for the best deals and have products delivered straight to your door. An army of trucks and a sea of cardboard boxes flow around the world, keeping the economy turning.
Now, Amazon has showed support for investing in the technology of the future, to join up the dots between suppliers and consumers, with a fleet of Rivian trucks poised to make deliveries in Los Angeles.
Rivian floats where others sink
In the recession of the last year, many businesses have sunk without a trace, never to open their doors again. But as one door closes, another opens. While some may sink, others prepare to float on the stock exchange. Rivian has been producing EVs for little more than 12 years, but has tapped into a lucrative market, creating fleets of sustainably powered transportation.
The manufacturer is reportedly on the cusp of making an initial public offering (IPO) to the tune of $50 billion in September 2021 – not bad for a business still often referred to as a start-up. Rivian may have only debuted its first truck and SUV in late 2018, but it is already making a name for itself in the EV space.
Rivian’s purpose is to deliver products that the world didn’t already have, to redefine expectations through the application of technology and innovation, this milestone is one example of how Rivian and Amazon are working toward the world of 2040, and we hope it inspires other companies to fundamentally change the way that they operate– RJ Scaringe, Rivian Founder and CEO
With Amazon giving Rivian backing to start making deliveries to Los Angeles residents by 2022, having ordered no fewer than 100,000 trucks expected to be in action by 2030, the business is now considered to be a worthy competitor to Tesla, at least when it comes to the sheer quantities of vehicles involved. This success story is reflected in reports emerging that it is now drawing up plans for establishing an assembly plant in Europe, with the UK considered among the destinations in contention.
Perhaps it could be only a matter of time before you make your next online order, venture out onto the doorstep to pick up your package, only to spot an EV truck speeding off to its next destination.
The digital revolution continues apace
Amazon’s decision to invest in a fleet of EV delivery vehicles is just one sign of a continuing digital revolution which is gathering steam, despite the economic turbulence of the past year. A quick look at consumer spending habits would make their decisions seem wise, considering the increasing shift away from physical shopping towards online browsing and buying.
By December 2020, internet sales represented over 30 per cent of total sales volume in the UK, according to the Office for National Statistics – this means ecommerce has effectively doubled in just three years. Lockdown proved to be only a catalyst for this trend to accelerate even further.
Anyone with an interest in investing further in eco-friendly delivery services would be wise to follow the latest trends in consumer behaviour, as the economy becomes increasingly digitised, and policy-makers look for new ways to help decarbonise it.