Rivian Is Now Selling Electric Vans To Anyone Who Wants One

Rivian’s electrical van is now disposable to beryllium purchased by anyone pinch a commercialized fleet, nan automaker said today.

For respective years, Rivian’s van was exclusive to Amazon. Now, nan level connected which nan e-commerce elephantine based its proscription van is unfastened to anyone pinch a fleet of commercialized vehicles and immoderate money to burn.

Amazon agreed to bargain 1000,000 Rivian vans successful 2019 arsenic information of a blockbuster woody that would too spot a $1 cardinal finance into nan startup. Under nan position of nan agreement, Rivian would discarded its vans exclusively to Amazon.

But that business ended prematurely successful November 2023, pinch Amazon only acquiring astir 20,000 vans from Rivian — aliases astir 20 percent of nan original commitment. Amazon remains Rivian’s largest shareholder, pinch an estimated 17 percent liking successful nan company.

Rivian says it will discarded anyplace from a azygous van to thousands to individual buyers, depending connected their needs. However, nan vans can’t beryllium for individual usage (sorry #vanlifers) and must beryllium registered arsenic information of a business. The vans recreation successful 2 sizes and 2 prices: nan RCV 500 starts astatine $79,900, while nan RCV 700 starts astatine $83,900.

Rivian says it has spent nan clip since nan extremity of its exclusivity woody pinch Amazon trialing nan van successful immoderate larger fleets (like AT&T’s), while too building retired a activity and package business for its early van customers.

“Over nan past twelvemonth we personification been focusing our efforts connected testing pinch immoderate larger fleets, and we’re really pleased pinch really those tests personification gone,” said Tom Solomon, elder caput of business betterment astatine Rivian, successful a statement. “As a result, we’re excited to now beryllium tin to unfastened income to fleets of each sizes successful nan US, whether they want 1 van aliases thousands.”

The electrical van marketplace has been volatile. General Motors spun disconnected and past reabsorbed BrightDrop, its electrical commercialized conveyance business, aft deciding nan marketplace was excessively susceptible for BrightDrop to guidelines connected its own. Ford has seen immoderate occurrence pinch its E-Transit vans, trading 12,610 of them successful 2024, which was a 64 percent summation from 2023. And Mercedes-Benz revealed its eSprinter van successful 2023, pinch deliveries expected to statesman later this year.

Being tin to discarded its electrical vans to a wider excavation of customers could beryllium bully for Rivian’s financial situation, which has been comparatively shaky complete nan past less years. The vans personification amended profit margins than nan company’s R1T and R1S vehicles. And Rivian tin too discarded subscriptions to nan various package features incorrect nan van, boosting its semipermanent worthy overall.