Rivian Automotive and Mercedes-Benz will partner to build all-electric commercial vehicles, according to a report in Barrons.
Mercedes and Rivian signed a memorandum of understanding for a partnership that will produce commercial electric vehicles for both companies.
The deal potentially accelerates their entry into Europe’s attractive van market.
The project will produce two large electric vans. One based on Mercedes architecture, and another based the Rivian Light Van, or RLV, platform. Rivian isn’t yet making the RLV.
