Amazon and the Auto Industry

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  • Amazon was already making in-roads in the auto industry and had the most to gain from automated vehicle deliveries. In June 2020, Amazon acquired Zoox for $1.2 billion to design autonomous ride-hailing vehicles. In December 2018, Zoox Inc. received the first California permit to transport vehicles in self-driving cars.[1]
  • In October 2020, Amazon unveiled its first all-electric van built by electric vehicle (EV) startup Rivian, with an expected 10,000 vans on roads as soon as 2022, and 100,000 by 2030.[2]
  • VSI Labs said Amazon had the “most to gain” from AV for deliveries and Bloomberg said it had the ability to “change up its own stomping ground.”