What role does Rivian play in Amazon's plans to reduce carbon emissions?
Amazon Shapes Rivian's Future and $80 Billion Valuation
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Rivian is prioritizing Amazon van production due to Amazon's significant investment and order of 100,000 units. Amazon's involvement began in 2018, influenced by connections with Rivian's production team. Rivian plays a crucial role in Amazon's carbon reduction strategy, with exclusive rights to Rivian's trucks for four years. Rivian's valuation is heavily tied to Amazon's investment.
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Describe the agreement between Amazon and Rivian regarding delivery vans.
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