Mercedes and Rivian will form a joint venture to build EV vans at a new plant in Europe, starting in a few years.
said Thursday they are planning a joint venture to build large, electric commercial vans for both brands.
The companies plan to build two different EV vans – one for each company – on a shared assembly line, the companies said. The idea is to reduce costs for both companies by sharing investments, technology and suppliers. They plan to build a new EV-only production facility at an existing Mercedes-Benz factory site in Central or Eastern Europe, with production starting in "a few years," the two companies said in a statement.
"Mercedes‑Benz Vans has gained broad experience in producing and launching eVans since 2010. Now we are accelerating the transformation to a fully electric product portfolio," said Mathias Geisen, head of Mercedes' commercial van unit. "We are sharing investments and technology [with Rivian] because we also share the same strategic ambition: accelerating the electrification of the van market with sustainable and superior products for our customers.
While Mercedes-Benz has been building commercial vehicles for many years, and electric vans for over a decade, Rivian is a newcomer to the segment. The Michigan-based EV startup
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