Amazon Partners with World's 4th Largest Automaker Stellantis to Develop Electric Trucks
[Asia Economy Reporter Kwon Jae-hee] The world's largest e-commerce company Amazon and the world's 4th largest automaker Stellantis are joining forces to develop electric vehicles.
According to Bloomberg on the 5th (local time), the two companies have agreed to develop electric cars and electric pickup trucks using Amazon's software.
Stellantis, which owns brands such as Jeep, Chrysler, and Fiat, plans to collaborate with Amazon on digital technology development and apply Amazon's cloud division Amazon Web Services (AWS) and AI voice recognition service Alexa to vehicle dashboards and infotainment systems.
Amazon is expected to receive Stellantis's delivery electric vehicle Ram ProMaster, which will be released next year.
Andy Jassy, CEO of Amazon, evaluated, "This agreement lays the foundation for Stellantis to transform from a traditional automaker into a software-based engineering leader."
With this agreement, Amazon became the first customer of Stellantis's delivery electric vehicles. Although the scale of the deal between Amazon and Stellantis was not disclosed, Carlos Tavares, CEO of Stellantis, described it as "substantial."
Meanwhile, this deal has dealt a blow to Rivian, which has been considered a leader in electric trucks.
Previously, in 2019, Amazon ordered 100,000 electric vans from Rivian. Among them, 10,000 units are scheduled to be delivered by the end of this year.
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Amazon stated, "We continue to look forward to our relationship with Rivian, and this investment (with Stellantis) does not affect our investment, collaboration, order volume, or timing with Rivian."
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