Mercedes-Benz and Rivian The electric minibus that will be produced in partnership with the company is left for another spring. The duo, who signed an agreement for the electric startup about a few months ago, announced that the contract was postponed indefinitely. The German manufacturer will single-handedly produce the electric minibus that will rival Tesla.
Rivian and Mercedes electric van partnership suspended
Rivian, considered one of Tesla’s main competitors, signed an agreement with Mercedes-Benz for the production of light commercial cars. The production planned to be realized in Europe Mercedes-Benz VAN as well as Rivian Light Van It was planned to be built on the platform.
In the new statement from Rivian and Mercedes-Benz, it was stated that the electric VAN plans were discontinued. In the midst of a financial crisis, Rivian has decided to suspend the deal indefinitely. The company said it was “concerned” about investing in a new electric van platform.
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“At this point, we believe our focus on our consumer business alongside our existing commercial business represents the most attractive short-term opportunities to maximize value,” said Rivian CEO RJ Scaringe.
According to the agreement signed in September, the electric VAN models of the duo would be produced at a plant in Poland. As a result of the suspension of the agreement, Mercedes will carry out the production of electric minibuses alone. Mercedes-Benz VAN President Mathias Geisen stated that his plant in Poland will remain open.
“We will continue with full speed and determination to expand electric vehicle production at our first dedicated electric pickup truck factory,” Geisen said in a statement.
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