SAN FRANCISCO, Feb 10 (Reuters) - Rivian is
opening up sales of its delivery vans to fleets of all sizes in
the United States, the electric vehicle maker said on Monday,
more than a year after ending its exclusive deal with
shareholder Amazon ( AMZN ).
Rivian, known for its flagship R1S SUVs and R1T pickup
trucks, has seen demand beyond Amazon ( AMZN ) for its commercial vans
and has been testing them with large fleets.
Van sales, along with its plans to roll out its smaller,
less expensive R2 SUVs in 2026, will be crucial to Rivian's
success as broader demand for EVs has eased amid high borrowing
costs.
"Rivian has been trialing its commercial van with several
large fleets in the U.S., and preparing its fleet management
process for the mass market," the company said in a statement.
"These pilots have paved the way to enable Rivian to open sales
further."
Rivian ended its exclusive deal for van sales with Amazon ( AMZN ) in
late 2023 but reaffirmed its commitment to fulfilling an order
for 100,000 vans by 2030. Amazon ( AMZN ) currently has 20,000 Rivian
vans in its fleet.
After the exclusive ended, U.S. wireless carrier AT&T ( T )
was the first company to purchase some vans from Rivian in a
pilot program. It did not disclose the number of vehicles it
bought or the financial terms.
Rivian's announcement on Monday comes months after it
resolved a component shortage that hamstrung production of its
vans as well as SUVs and pickups.
Last month, the company surpassed analysts' expectations for
fourth-quarter deliveries. It has been cutting costs by
renegotiating supplier contracts and revamping its manufacturing
processes to turn a gross profit for the fourth quarter.
Rivian is set to report fourth-quarter results on February
20.