WheelHouse

Amazon just started a delivery van war (5x8)

Air date: Feb 21, 2022

Rivian was riding high last year with help from Amazon. News broke that the online retailer had invested over $1 billion into the fledgling EV truck maker. But Rivian's stratospheric IPO took a big hit this January when Amazon announced a new delivery van partnership with Stellantis. What does this deal mean for Rivian? Are there any upsides? We'll find out.