Planning to initiate 100% renewable energy use by 2030, Amazon announced its innovative plan towards sustainable business by promising billions of dollars of investment to battery-powered delivery vans from Rivian, an electric-truck startup. Jeff Bexons, CEO of Amazon, claimed that its investment is critical to meet commitments of the Climate Pledge, and that is exactly why Amazon invested $440 million in Rivian. Unlike the Trump administration attempting to alleviate fuel-economy regulations, there have been many attempts in America to develop electric and hybrid cars in the U.S. According to Rivian, the company plans to produce 100,000 electric delivery vehicles by 2021 for Amazon. Amazon also signed on the Climate Pledge that calls for net-zero carbon by 2040.
For more information: https://www.forbes.com/sites/alanohnsman/2019/09/19/amazons-multibillion-dollar-bet-on-electric-delivery-vans-is-game-changer-for-startup-rivian/#34a81f34d013