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Amazon is Rivian's largest shareholder and scales EDV deliveries for its fleet, while Chris Pierce conducts consumer surveys and projects strong demand for the R2 SUV.

1 report, 1 independent Updated Aug 26
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What happened

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Amazon is Rivian's largest shareholder and scales EDV deliveries for its fleet, while Chris Pierce conducts consumer surveys and projects strong demand for the R2 SUV.

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AmazonRivian AutomotiveChris Pierce

How it developed

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  1. Rivian sold a delivery van to Amazon, and the company is noted to be on a growth path similar to Tesla.Sub-event
  2. Amazon is Rivian's largest shareholder, and Chris Pierce projects strong demand for the R2 SUV following consumer surveys.1 source

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Coverage

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  • BenzingaRivian's Affordable R2 May Unlock Massive Market Potential, Analyst Says Rivian Automotive’s (NASDAQ:RIVN) upcoming R2 SUV could drive significant growth, with Needham analyst Chris Pierce projecting