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Amazon founder Jeff Bezos announces the co-founding of The Climate Pledge. Photo: Paul Morigi/Getty Images for Amazon

Part of Amazon's sweeping climate change plan is to deploy 10,000 electric delivery vans made by the startup Rivian as soon as 2022, and 100,000 by 2030 — and perhaps much faster.

Why it matters: It's a major sign that that deep-pocketed players see Rivian as well positioned among the electric vehicle startups to cross the bridge into substantial commercial production.

  • Worth noting: Rivian has yet to begin commercial production of any EVs. Yet Amazon — which led a $700 million investment round in the company earlier this year — plans to start deploying them in 2021.

How it works: "Amazon’s vans will use the same battery, powertrain, and electrical network as the two consumer vehicles Rivian plans to start building next year, the $69,000 R1T pickup truck and $72,500 R1S SUV," per Wired.

Where it stands: Earlier this month Rivian snagged a $350 million equity investment from Cox Automotive, a big industry data and information company.

  • And this year Ford invested $500 million in Rivian, and the companies are working together to develop a Ford EV of some sort.

What they're saying: "Amazon doesn't make decisions like this lightly," Navigant Research analyst Sam Abuelsamid tells the Detroit News.

  • He called the move a sign to other companies considering fleet electrification that "Rivian is a company they need to take a look at if they're going to do this."

Go deeper: Massive companies' green commitments can't save the planet

Go deeper

Dion Rabouin, author of Markets
Updated 1 hour ago - Economy & Business

Our make-believe economy is here to stay

Illustration: Eniola Odetunde/Axios

The Federal Reserve and global central banks are remaking the world's economy in an effort to save it, but have created something of a monster.

Why it matters: The Fed-driven economy relies on the creation of trillions of dollars — literally out of thin air — that are used to purchase bonds and push money into a pandemic-ravaged economy that has long been dependent on free cash and is only growing more addicted.

Mike Allen, author of AM
3 hours ago - Politics & Policy

Why Trump may still fire Barr

Photo: Jabin Botsford/The Washington Post via Getty Images

Attorney General Barr may be fired or resign, as President Trump seethes about Barr's statement this week that no widespread voter fraud has been found.

Behind the scenes: A source familiar with the president's thinking tells Axios that Trump remains frustrated with what he sees as the lack of a vigorous investigation into his election conspiracy theories.

Mike Allen, author of AM
3 hours ago - World

Scoop: Trump's spy chief plans dire China warning

Xi Jinping reviews troops during a military parade in Beijing last year. Photo: Thomas Peter/Reuters

Director of National Intelligence John Ratcliffe on Thursday will publicly warn that China's threat to the U.S. is a defining issue of our time, a senior administration official tells Axios.

Why it matters: It's exceedingly rare for the head of the U.S. intelligence community to make public accusations about a rival power.