Rivian is looking past Amazon for EDV deliveries after contract talks
Rivian ($RIVN) is in discussion with its largest shareholder and commercial partner, Amazon ($AMZN), to end a significant part of its 2019 electric delivery van (EDV) agreement.
Amazon initially invested $700 million in Rivian in 2019, releasing its first electric delivery van later that year, built and designed by the young EV maker.
In September 2019, Amazon vowed to buy over 100,000 Rivian electric delivery vans (EDV), expected to roll out by the end of the decade as part of the Amazon…