Rivian, which expects to build 25,000 commercial and consumer EVs this year, still has a long way to go to get the Amazon order filled. The online retail giant owns more than 162 million shares of Rivian, or 18% of the company, according to filings with the Securities and Exchange Commission. While Madan touted the arrival of the first electric delivery vans as a “really big milestone,” the company has a lot more at stake in Rivian’s success than getting its 100,000-vehicle order filled.
(Terrence Antonio James / Chicago Tribune)
The interior of a new Rivian electric-powered delivery van.
