By analyzing de-identified data from 404,652 light-duty trucks, this EV Suitability Assessment showed potential for fleets.
A 20% price increase on its electric pickup truck did not go over well. The company president announces they will return preorder holders back to their original prices.
The electric truck maker's second U.S. plant will enable the company to ramp up production on future vehicle models.
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.
As it builds out its delivery fleet, Amazon is moving toward using a battery-electric delivery vehicle produced by Rivian Automotive. Amazon is leading a $700-million investment in the company.
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