and are teaming up with the goal of constructing massive electrical vans extra rapidly. The two corporations have to develop a strategic partnership and arrange a three way partnership manufacturing firm. They’re hoping to make use of their shared sources to scale back prices and make electrical vans extra reasonably priced whereas ramping up manufacturing.
The aim is to provide two vans on frequent meeting strains. One could be based mostly on Mercedes‑Benz Vans’ VAN.EA structure. The different would focus on Rivian’s second-gen Rivian Light Van platform. The two sides may also look into “further options for increased synergies.”
The corporations goal to construct the EVs in a brand new manufacturing facility at an present Mercedes-Benz website in central or jap Europe, beginning in just a few years. The plan is not set in stone, although, as Rivian and Mercedes-Benz have not reached a binding settlement and they might must clear regulatory hurdles.
“We’re delighted to be partnering with Mercedes‑Benz on this project,” Rivian CEO RJ Scaringe said in a statement. “Mercedes‑Benz is one of the world’s best known and respected automotive companies, and we believe that together we will produce truly remarkable electric vans which will not only benefit our customers, but the planet.”
Both corporations have already been , with Rivian having an settlement to . However, Rivian has endured some turmoil in current months. It’s to fulfill demand. It in an effort to funnel extra sources into constructing automobiles. The firm is establishing , however manufacturing will not begin there till 2024. Teaming up with Mercedes to create frequent manufacturing strains may assist it to construct electrical vans sooner.
From Mercedes’ perspective, that is a part of a broader strategy to speed up the transition to electrical vans. The firm stated it’s revamping its European manufacturing setup and that, by the center of this decade, all of its new vans shall be fully electrical.
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