“Revolutionizing Fleets: AT&T Teams Up with Rivian for Electric Vehicle Game-Changer!
Rivian Automotive’s stocks experienced a nearly 4% surge in pre-market trading on Thursday following the announcement by U.S. wireless carrier AT&T (NYSE: T). The two companies revealed that they have entered into an agreement to initiate a pilot program focused on purchasing electric vehicles from Rivian. The primary objective of this program is to evaluate methods for reducing costs, lowering carbon emissions, and enhancing safety measures.
AT&T plans to incorporate Rivian’s Commercial Van and R1 vehicles into its fleet by early 2024. The aim is to explore various ways in which these electric vehicles can contribute to improved safety, cost reduction, and a significant decrease in the company’s carbon footprint.
Rivian
Hardmon Williams, Senior Vice President at AT&T, expressed enthusiasm about the partnership, stating, “We’re excited to purchase Rivian EVs for our fleet. This pilot is another important step in our ongoing efforts toward sustainability, reducing our carbon footprint and embracing a cleaner future for our operations.”
Rivian’s Vice President of Strategy & Fleet, Dagan Mishoulam, echoed the sentiment, saying, “We couldn’t be happier to collaborate with AT&T as we work together to help cut emissions and protect our environment.”
Beyond the acquisition of fleet vehicles, the collaboration between Rivian and AT&T extends to establishing AT&T as the exclusive connectivity provider for all Rivian vehicles in the United States and Canada. This strategic partnership aims to deliver an enhanced, more intelligent, and safer driving experience through seamless connectivity.
By leveraging AT&T’s connectivity, Rivian can implement over-the-air software updates to continuously enhance its vehicles, introducing new features that elevate the overall driving experience for its customers.
