These custom electric delivery vehicles will also be tested out in 15 additional cities through 2021.
The EV maker also announced that at launch, the R1T will have an estimated range of 300 miles. In January 2022, the company plans to release an R1T that has a range of over 400 miles.
Amazon revealed a video, photos, and some details of the van’s features but did not include battery or drivetrain specs. The timeframe for initial deployment is now “as early as 2022.”
The investment round of $2.5 billion comes as the electric vehicle startup retools its factory to produce its three electric vehicles starting in 2021.
Ford’s electric F-150 is due by mid-2022. Is this a realistic assessment of the electrification timeline, or is Ford late to the game?
Rivian has closed an investment round of $1.3 billion, the fourth investment the battery-electric truck and SUV startup will receive in 2019.
Battery-electric truck and SUV startup Rivian has added a third, large investor this year with a $350 million stake from Cox Automotive, the company announced today.
Ford Motor Co. is investing $500 million in Rivian and will use its "skateboard" platform for a new battery-electric vehicle to bring expanded electrification to its lineup.