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

Trump says he’s raising EU auto tariffs to 25% without clarifying how
World

Trump says he’s raising EU auto tariffs to 25% without clarifying how

President Donald Trump said he would increase tariffs charged to the European Union for cars and trucks to 25%, without saying what authority he would use to raise the levies. “Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged […]

Read More
Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
World

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz. The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first […]

Read More
Roku is one of the big earnings winners of the day. Two major analysts see more to go
World

Roku is one of the big earnings winners of the day. Two major analysts see more to go

Roku rallied as much as 9% Friday following its first-quarter earnings report on Thursday, and the provider of streamed entertainment still has more room to run, according to leading analysts on Wall Street. Roku continues to strengthen its businesses and is benefiting from broader industry tailwinds, they said. Morgan Stanley reiterated its overweight rating on […]

Read More