This Year Marked the Beginning of Amazon's Custom Electric Delivery Vehicles from Rivian Across the Entire United States.

Rivian is present to create products and services that help transform our planet in terms of carbon-neutral energy and transportation. Rivian designs, develops, and manufactures a range of electric vehicles and auxiliary devices, which are sold directly to consumers and commercial markets. Rivian complements its vehicles with a comprehensive suite of value-added services that address the entire lifecycle of the vehicle, enhancing customer relationships.

Main Points

• Rivian manufactured 13,933 vehicles and delivered 12,640 units in the second quarter of 2023, exceeding analysts' expectations.
• Amazon is committed to reaching net-zero carbon by 2040, and reducing emissions from our delivery operations is a crucial part of this goal.
• Amazon has added thousands of charging stations at its delivery stations nationwide and will continue to invest in the construction of foundational infrastructure to support sustainable delivery fleets.

Starting with a clean sheet, Rivian has developed its vehicles in collaboration with courageous individuals at the core of every design and engineering decision. The company's launch products, R1T and R1S, provide a range of over 400 miles and offer an unparalleled combination of performance, off-road capability, and utility.

Rivian Automotive, Inc. (NASDAQ: RIVN)

Rivian Automotive, Inc. (NASDAQ: RIVN) today announced total production for the quarter ending June 30, 2023. The company produced 13,992 vehicles at its manufacturing facility in Normal, Illinois, and delivered 12,640 vehicles during this period.

These figures are in line with the company's expectations, and it believes that it is on track to fulfill its previously stated annual production guidance of 50,000 units. In the first quarter, Rivian produced 9,395 vehicles and sold 7,946 units. The company reported a net loss of $1.3 billion, compared to a loss of $1.5 billion in the same period a year ago. The company also announced that it will release its financial results for the second quarter of 2023 after the market closes on August 8th.

What did Neil Emery, Director of Global Fleet and Product at Amazon, Say?

Neil Emery, Director of Global Fleet and Product at Amazon, said, "Amazon and Rivian have collaborated to create a cutting-edge electric vehicle design that stands apart from any other vehicle on the road today." "Throughout this entire process, the safety and comfort of our drivers have been paramount, and with the vehicle we are unveiling in Europe today, we have raised the bar on both of these standards."

What did Rocco Brueningar, Country Manager of Amazon.de, Say?

Rocco Bruniger, Country Manager of Amazon.de, stated, "Amazon is committed to reaching net-zero carbon by 2040, and reducing emissions from our delivery operations is a crucial part of this goal." "Last year, we delivered over 45 million packages in Germany with electric vans and e-cargo bikes, and these new additions from Rivian will assist us in delivering more sustainable and reaching a greater number of customers."

What did RJ Scaringe, CEO of Rivian, Say?

RJ Scaringe, CEO of Rivian, stated, "Today is not only a partnership between Amazon and Rivian, but also represents a significant step for transportation and the environment." "In 2019, Rivian and Amazon committed to rapidly track a new type of delivery vehicle, resulting in a significant reduction in carbon emissions. We are grateful for the dedication, hard work, and collaboration of our teams and the shared commitment to making the world a better place for our children. It is not an exaggeration to say that this is an exciting moment - we are thrilled to see that this partnership has initiated decarbonization projects in the logistics delivery industry."

How are custom vehicles manufactured at Rivian's factory in Illinois?

Custom vehicles are manufactured at Rivian's factory in Illinois, incorporating innovative technology and features such as:

• A safety-first design focused on driver and pedestrian safety, with better 360-degree visibility and vehicle amenities.

• A set of new safety features, including sensor detection, highway and traffic assistance technology, a large windshield to enhance driver visibility, automated emergency braking, adaptive cruise control, and collision warning.

• The first-of-its-kind embedded technology that fully integrates the delivery workflow with the vehicle, enabling seamless routing, navigation, driver assistance, and much more.

• Convenience features to enhance driver experience and ease on the road, such as automatic door lock/unlock upon driver approach or exit and an automated bulkhead door that opens upon reaching the driver's delivery location.

• For additional safety, a sturdy driver-side door and an ergonomically designed driver cabin and cargo area for secure and easy maneuverability.

• Lightweight, flexible, and cost-effective batteries that can last the lifetime of the vehicle.

Thousands of Charging Stations have been added at Delivery Stations

Amazon has added thousands of charging stations at its delivery stations nationwide and will continue to invest in the construction of foundational infrastructure to support sustainable delivery fleets. Amazon has also partnered with non-profit organization Ceres and several other fleet operators to launch the Corporate Electric Vehicle Alliance, enabling companies to collectively accelerate the transition to electric vehicles.