Rivian Partners with Mercedes on Electric Van Production
Rivian and Mercedes-Benz signed a Memorandum of Understanding for a strategic partnership to produce electric vans, as detailed in a press release shared on Thursday.
The joint venture will produce custom electric vans for both brands, with both automakers seeking leverage on shared investments and costs. Rivian and Mercedes are also looking to increase operational strategies to help scale production.
The Mercedes-Benz electric van portfolio includes to eVito Panel Van, the eSprinter, the eVito Tourer and the EQV. Mercedes is also looking to launch the next generation of eSprinters in 2023.
Rivian Q2 Delivers 4,700 EVs and Sees $1.7 Billion Net Loss https://t.co/M7SkiQekiA
— TeslaNorth.com (@RealTeslaNorth) August 11, 2022
“Rivian was created to encourage the world to transition away from fossil fuel consumption by creating compelling products and services,” said Rivian CEO RJ Scaringe.
“We’re delighted to be partnering with Mercedes-Benz on this project. Mercedes-Benz is one of the world’s best known and respected automotive companies, and we believe that together we will produce truly remarkable electric vans which will not only benefit our customers, but the planet,” said Scaringe.
Mercedes officially launched electric vehicle (EV) production at its Alabama plant, first producing the EQS SUV.
“I am delighted that as part of this transformation we are now joining forces with Rivian – a highly dynamic and inspiring partner with a strong technology position. We are sharing investments and technology because we also share the same strategic ambition: accelerating the electrification of the van market with sustainable and superior products for our customers,” said Mathias Geisen, Head of Mercedes-Benz Vans.
Rivian also produced electric vans for Amazon to be used as last-mile delivery vehicles. The electric Prime vans are already deploying in cities across the U.S.