Rivian and Mercedes partner to launch electric trucks

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Rivian

Electric vehicle maker Rivian is busy making as many R1T electric truck and R1S SUV models as possible to meet demand, but it’s not slowing down anytime soon. And now, Rivian has teamed up with Mercedes-Benz to launch electric pickup trucks together.

Mercedes-Benz Vans and Rivian recently announced that the two companies have signed a memorandum of understanding to begin a “strategic partnership.” The ad has all the usual buzzwords, like working together to drive the industry forward, creating synergy, and things of that nature.

The deal is still subject to regulatory processes and will need approval, but if all goes according to plan, he will create a new company for the two to produce several electric pickup trucks.

For what it’s worth, Rivian is already busy working to build 100,000 electric vans for Amazon, which it hopes to finish by 2024. In late 2021, Rivian mentioned that it would sell EV fleet vans to non-Amazon buyers, but that’s not what it’s worth. what the news says today. on. The association with Mercedes is something completely different. Here is what both companies had to say in a press release:

“Companies envision production-optimized vehicle designs for efficient manufacturing on common assembly lines. Its goal will be to produce two large vans, one based on VAN.EA (MB Vans Electric Architecture), the all-electric platform of Mercedes-Benz Vans, and the other based on the second-generation electric van, Rivian Light Van (RLV). platform. Other options to increase the synergies of the joint venture will also be explored.”

Rivian and Mercedes seek to manufacture and launch at least two electric vans at “an existing Mercedes-Benz site in Central and Eastern Europe.”

The partnership is intended to boost Mercedes’ production and profitability, making vans more affordable, but will also help Rivian gain more exposure globally. Rivian had a similar deal with Ford last year that ultimately fell through.

Source: Rivian