One of the more attractive electric vehicle startups on the market today is Rivian. Not long ago, car makers began producing their first customer vehicles, with the expected delivery will begin this month. Rivian was also getting ready for the public and recently submitted a document for his IPO.

The documents submitted for the IPO explained how well the car maker had done until the delivery of his first customer. The IPO document revealed that Rivian had taken nearly 50,000 preorders for vehicles so far. Archiving documents also reveal details about the agreement between Rivian and Amazon. Amazon is one of the biggest investors in Rivian and will get a large fleet of van shipping electricity from Rivian.

Amazon gets exclusive rights for the first four years after receiving the first Rivian electric shipping van as part of an investment. Amazon also has the right to reject two years of additional production capacity of Rivian for van shipping electricity. Amazon has ordered 100,000 electric shipping vehicles from Rivian to be sent by 2030.

The first 10,000 vehicles must be delivered this year. While Rivian must give Amazon all the production of electric shipping vehicles for at least four years, Amazon is not bound by using Rivian exclusively. That means we will see another brand of electrical shipping vehicles deployed by the e-commerce giant.

Amazon gives a surprising number of packages, and anyone in the Amazon delivery area knows how many trucks work at a certain time. Rivian will be valued at around $ 80 billion according to the IPO, and the archiving includes the size of the offerings with $ 100 million, but it can be changed when the price for shares is set.