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 can be fashioned between the 2 corporations. Mercedes and Rivian business vans can be constructed at a manufacturing unit in Europe.
The JV will allow each corporations to quickly scale the manufacturing of electrical business vans.
“Rivian was created to encourage the world to transition away from fossil gas consumption by creating compelling services. We’re delighted to be partnering with Mercedes‑Benz on this undertaking,” RJ Scaringe, CEO of Rivian, mentioned in a launch. “Mercedes‑Benz is without doubt one of the world’s greatest identified and revered automotive corporations, 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 discipline 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 can 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 powerful know-how place. We’re sharing investments and know-how 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.”