Electric vehicle maker Rivian is setting aside its planned partnership with Mercedes-Benz to produce electric vans in Europe so that it can focus on its existing commercial and consumer business.
California-based Rivian, whose production facility is in downstate Normal, said Monday it was putting on “pause” the memorandum of understanding that was signed between the American and German companies in September. That agreement called for a joint-venture European factory that would produce vans for both companies.
“Exploring strategic opportunities with the team at Rivian in the future remains an option, as we share the same strategic ambition: accelerating the EV adoption with benchmark products for our customers,” said the head of Mercedes-Benz Vans, Mathias Geisen. Amazon also ordered 100,000 delivery vans from Rivian and said in September that some of the unique, whale-like vans were already on the road making deliveries, with thousands expected to be running in major U.S. cities by the end of the year.
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