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RIVIAN, MERCEDES PAUSE JOINT EUROPEAN ELECTRIC VAN PLANT
AppleMagazine
|December 16, 2022
Electric vehicle maker Rivian is setting aside its planned partnership with Mercedes-Benz to produce electric vans in Europe so that it can focus on its existing commercial and consumer business.
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California-based Rivian said it was putting on “pause” the memorandum of understanding that was signed between the American and German companies in September. That agreement called for a joint-venture European factory that would produce vans for both companies.
“We share the same goal as Mercedes-Benz Vans, to help the world transition to electric vehicles, and we look forward to exploring opportunities with them at a more appropriate time for Rivian,” CEO RJ Scaringe said.
The companies had been looking to produce two large vans, one based on VAN.EA, the electric-only platform of Mercedes-Benz Vans, and the other based on the second-generation electric van, Rivian Light Van platform.
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