Mercedes-Benz and Rivian team up to create electrical industrial vans in Europe

Mercedes-Benz and Rivian team up to create electrical industrial vans in Europe


Output of electric powered Amazon delivery vans on April 11, 2022 at Rivian’s plant in Standard, Sick.

Michael Wayland / CNBC

Mercedes-Benz and Rivian reported Thursday they are organizing a joint undertaking to build significant, electrical professional vans for both equally brands.

The corporations system to create two diverse EV vans – just one for each individual firm – on a shared assembly line, the businesses mentioned. The idea is to cut down costs for the two companies by sharing investments, technological innovation and suppliers.

They prepare to build a new EV-only output facility at an existing Mercedes-Benz manufacturing unit web-site in Central or Japanese Europe, with generation setting up in “a handful of many years,” the two organizations mentioned in a statement.

“Mercedes‑Benz Vans has gained broad practical experience in creating and launching eVans because 2010. Now we are accelerating the transformation to a fully electric product or service portfolio,” mentioned Mathias Geisen, head of Mercedes’ business van unit. “We are sharing investments and know-how [with Rivian] since we also share the similar strategic ambition: accelerating the electrification of the van industry with sustainable and remarkable products for our shoppers.”

While Mercedes-Benz has been making industrial autos for numerous a long time, and electric vans for over a ten years, Rivian is a newcomer to the section. The Michigan-primarily based EV startup commenced setting up EV supply vans for Amazon earlier this 12 months, just a couple of months after it began production of its have upscale electric powered pickups and SUVs in its Illinois manufacturing facility.

Although the vans Mercedes and Rivian will in the end make will possible be equivalent, they’re going to be diverse designs: Mercedes’ will be based on its impending new EV van architecture, set to debut in 2025 Rivian’s on the next-era variation of the light van system it developed for Amazon.



Source

U.S. pauses all immigration applications from 19 non-European countries
World

U.S. pauses all immigration applications from 19 non-European countries

Travelers from Latin America and the Caribbean arrive at Miami International Airport. Carl Juste | Miami Herald | Getty Images The Trump administration on Tuesday said it paused all immigration applications, including green card and U.S. citizenship processing, filed by immigrants from 19 non-European countries, citing concerns over national security and public safety. The pause […]

Read More
Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT
World

Anthropic reportedly preparing for one of the largest IPOs ever in race with OpenAI: FT

Anthropic, the AI startup behind the popular Claude chatbot, is in early talks to launch one of the largest initial public offerings as early as next year, the Financial Times reported Wednesday.  For the potential IPO, Anthropic has engaged law firm Wilson Sonsini Goodrich & Rosati, which has previously worked on high-profile tech IPOs such […]

Read More
CNBC Daily Open: A year-end rally is still on every trader’s wishlist
World

CNBC Daily Open: A year-end rally is still on every trader’s wishlist

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 26, 2025. Brendan McDermid | Reuters U.S. markets may have had a rocky start in December, but there seems to be some steam in the trading engine for a turnaround from a tumultuous November. Bitcoin recovered part […]

Read More