Volvo Trucks will deliver only 20 electric heavy-duty trucks to Amazon in Germany by year end.
Amazon has ordered Rivian 100,000 trucks and targeting all US electric fleets on the road by 2030, Rivian electric trucks plant facility is in under construction in Georgia and will be completed by 2023 with first batch delivery to Amazon in 2024. I hold Rivian stock purchased at low price $23 and it is estimated to go $70 next year and $500 by 2027. Rivian and other EV companies are currently facing backlogs due to extreme shortage of batteries materials as we know.
Good News & Bad News, page-16435
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