Rivian and Mercedes-Benz plan to make electric vans together for Europe

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    The U.S. EV newcomer Rivian is partnering with the oldest automaker on the earth to kind a three way partnership round electrical vans—and producing them for Europe. 

    Within the enterprise, introduced this morning, the 2 corporations plan to share prices across the growth of “bespoke massive electrical vans” for each Mercedes-Benz and Rivian. 

    The three way partnership would additionally, “in a couple of years,” function a manufacturing unit for Rivian and Mercedes-Benz Vans, “leveraging an current Mercedes-Benz web site in Central/Jap Europe.” 

    2020 Mercedes-Benz EQV

    2020 Mercedes-Benz EQV

    There it could make two electrical vans for the European market. One might be based mostly on Mercedes’ VAN.EA electrical structure, whereas the opposite might be based mostly on the second era of Rivian’s Mild Van platform. 

    The brand new entity won’t be restricted to electrical vans, the announcement seems to counsel, because it says that “additional choices for elevated synergies from the three way partnership can even be explored.”

    Value efficiencies are a purpose of the partnership, the businesses emphasised, and speedy scaling. The businesses say that working collectively will “assist make the vans extra reasonably priced for business prospects pushed by the price of possession.”

    The 2 corporations cautioned that the enterprise is topic to closing agreements and regulatory clearances, and extra particulars in regards to the enterprise–together with a reputation—are all forthcoming. 

    Rivian Amazon electric delivery truck

    Rivian Amazon electrical supply truck

    Rivian has a standing order of as much as 100,000 electrical vans from Amazon, and it’s producing them in Illinois; the corporate has stated that it’ll develop to different prospects.

    For Rivian, this will likely sign a change in legacy-automaker dance companions. Ford has been an investor in Rivian, and as a part of a strategic partnership between the 2 corporations in 2019 they aimed to supply a Rivian-based Lincoln electrical SUV based mostly on the platform that underpins the R1T and R1S. That model, however not the partnership, was canceled in 2020, whereas plans had been off on co-developed EVs in 2021, as Ford centered on scaling them up internally. 

    Rivian is in a really completely different monetary place than one other California EV firm, Tesla, when it partnered with Mercedes-Benz on a number of merchandise together with powertrain growth for the previous B-Class Electrical. At one level the German automaker owned almost a tenth of the California automaker. Tesla CEO Elon Musk at one level stated that Mercedes father or mother Daimler saved Tesla, because it struggled forward of its IPO.

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