Jump to content
The Great Escape Online Community

Rivian and Mercedes-Benz electric van partnership is on hold indefinitely


Recommended Posts

Chrome Mercedes-Benz logo next to a white Rivian logo in front of a black backdrop Image: Mercedes-Benz / Rivian

Rivian and Mercedes-Benz halted plans to co-develop multiple new electric delivery vans based on both companies’ commercial EV platforms. Rivian put the agreement on pause reportedly because it was concerned about spending a lot of money on an expensive new vehicle development project amid a slowing economy.

“At this point in time, we believe focusing on our consumer business, as well as our existing commercial business, represent the most attractive near-term opportunities to maximize value,” Rivian CEO RJ Scaringe stated in a press release. Both Mercedes-Benz and Rivian had signed a memorandum of understanding in September for a joint venture to build large commercial electric vans.

The companies were going to build the vehicles...

Continue reading…

View the full article

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Create New...

Important Information

By using The Great Escaped Online Community, you agree to our Privacy Policy and Terms of Use