Rivian and Mercedes are teaming up to build electric vans more quickly

and join forces to build large electric vans faster. The two companies must develop a strategic partnership and set up a joint venture manufacturing company. They hope to use their combined resources to cut costs and make electric vans more affordable while ramping up production.

The goal is to produce two vans on common assembly lines. One would be based on the VAN.EA architecture from Mercedes-Benz Vans. The other would revolve around Rivian’s second generation Rivian Light Van platform. Both sides will also explore “further options for enhanced synergies.”

The companies want to start building the electric vehicles in a new factory at an existing Mercedes-Benz location in Central or Eastern Europe within a few years. However, the plan is not set in stone as Rivian and Mercedes-Benz have not reached a binding agreement and they would have to clear regulatory hurdles.

“We are delighted to be working with Mercedes-Benz on this project,” said RJ Scaringe, CEO of Rivian, in a statement. “Mercedes-Benz is one of the most well-known and respected automotive companies in the world, and we believe that together we will produce truly remarkable electric vans that will benefit not only our customers but the planet as well.”

Both companies have already reached an agreement with Rivian. However, Rivian has been through some turbulence in recent months. It should meet the demand. It to put more resources into building vehicles. The company is building, but production won’t start there until 2024. Working with Mercedes to create joint production lines could help build electric vans faster.

From Mercedes’ perspective, this is part of a broader strategy to accelerate the transition to electric vans. The company said it is revamping its European manufacturing structure and that by the middle of this decade all of its new vans will be fully electric.

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https://www.engadget.com/rivian-mercedes-benz-electric-van-partnership-142406287.html?src=rss Rivian and Mercedes are teaming up to build electric vans more quickly

Russell Falcon

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