Rivian Automotive, Inc. (NASDAQ:RIVN) and AT&T* have today announced that they have signed an agreement for AT&T to purchase Rivian electric vehicles (EVs) for AT&T’s fleet through a pilot program aimed at cutting transport emissions. AT&T expects to begin adding the Rivian Commercial Van and R1 vehicles to its fleet in early 2024 to begin evaluating the various ways these vehicles help improve safety, reduce costs and cut its carbon footprint.
AT&T’s commercial fleet plays an important role in keeping customers connected. Piloting EVs from Rivian will allow AT&T to explore new paths in its electrification journey, which is expected to contribute toward the company’s commitment of carbon neutrality by 2035.
AT&T has a track record of delivering sustainability results within its operations and for business customers. The company expects to reduce its fleet emissions in support of its carbon neutral commitment. Its strategy includes optimizing routes, switching to hybrid and EVs and reducing the overall size of the fleet. AT&T also uses AI to make its fleet more efficient. Overall, AT&T drives 20% fewer miles each year, reducing emissions by 51 million pounds.
In addition to Rivian collaborating with AT&T to provide fleet vehicles for a pilot, AT&T is the exclusive provider of connectivity to all Rivian vehicles, in the U.S. and Canada, enabling a smarter, safer and more connected driving experience. With AT&T connectivity, Rivian uses over-the-air software updates to consistently improve its vehicles with new features that elevate the driving experience for its customers.
The Rivian Commercial Van is designed from the ground-up prioritizing safety, sustainability and ownership cost. The Rivian Commercial Van is engineered to be one of the safest vehicles on the road today with features including automatic emergency braking, collision warnings and 360-degree visibility. The vehicles run with Rivian’s in-house software stack which underpins the fleet management system, improving efficiency and contributing to a lower total cost of ownership.
