Mercedes-Benz and Rivian have signed a Memorandum of Understanding outlining a strategic partnership and joint manufacturing of enormous electrical vans.
Shared prices and investments, and operational synergies had been cited as advantages of the collaboration. The MoU signifies a brand new three way partnership manufacturing firm might be fashioned between the 2 firms. Mercedes and Rivian business vans might be constructed at a manufacturing facility in Europe.
The JV will allow each firms to quickly scale the manufacturing of electrical business vans.
“Rivian was created to encourage the world to transition away from fossil gasoline consumption by creating compelling services. We’re delighted to be partnering with Mercedes‑Benz on this undertaking,” RJ Scaringe, CEO of Rivian, stated in a launch. “Mercedes‑Benz is likely one of the world’s finest identified and revered automotive firms, and we imagine that collectively we are going to produce really exceptional electrical vans which won’t solely profit our clients, however the planet.”
Added Mathias Geisen, head of Mercedes-Benz Vans, “As a pioneer within the area of domestically emission-free transportation Mercedes‑Benz Vans has gained broad expertise in producing and launching eVans since 2010. Now we’re accelerating the transformation to a totally electrical product portfolio. From 2025 onwards, all vans based mostly on our new structure VAN.EA might be electric-only.
“I’m delighted that as a part of this transformation we are actually becoming a member of forces with Rivian – a extremely dynamic and provoking accomplice with a robust expertise place. We’re sharing investments and expertise as a result of we additionally share the identical strategic ambition: accelerating the electrification of the van market with sustainable and superior merchandise for our clients.”
