Mercedes & Rivian partner up

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Mercedes, Rivian Partner on Electric Vans in Cost-Saving Bid

Mercedes-Benz AG and Rivian Automotive Inc. plan to jointly build electric vans in Europe, a potential win-win that could lead to further collaboration as an established manufacturer looks to share costs and an inexperienced company struggles to scale up.

www.bloomberg.com

 

[HC_79]

Well……. That didn’t last long

Rivian pauses JV plans with Mercedes-Benz to make electric vans in Europe

Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months after the companies entered a partnership to make electric vans in Europe.

www.reuters.com