Rivian Collaborates With Samsara For Electric Fleet Management: Retail Gets More Bullish

EV maker Rivian Automotive (RIVN) has collaborated with fleet management platform Samsara Inc. (IOT) to consolidate its vehicle data within the latter’s platform.

Samsara said on Tuesday that the new integration will allow its customers to access data on Rivian vehicles in their fleet on the Samsara Platform alongside other fleet assets, eliminating the need for fleet managers to navigate multiple systems.

The collaboration will address the needs arising from the growing adoption of Rivian Commercial Vans and the needs of businesses managing diverse fleets, such as last-mile delivery and rentals.

The partnership will allow customers to monitor essential vehicle management data such as location, speed, mileage, state of charge, and seatbelt usage.

Samsara’s integration with Rivian is now available to customers in the United States.

Rivian’s commercial van is the only product aimed solely at fleet owners. Though Rivian previously sold vans only to online retailer Amazon.com, they are now available for purchase by other fleet owners.

Last month, Rivian announced the delivery of 70 all-electric commercial vans to meal kit provider HelloFresh. HelloFresh was the company’s first major fleet customer for its vans since it opened its sales to others besides Amazon earlier this year.

Rivian produces two variants of its commercial delivery vans, starting at $79,900 and $83,900, respectively. The higher-end variant offers more cargo space and additional storage.

On Stocktwits, retail sentiment around Rivian jumped further within the ‘extremely bullish’ territory while message volume remained at ‘high’ levels.

RIVN stock traded 4% higher on Tuesday morning. The stock is up by about 28% this year and by about 65% over the past 12 months.

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