CNN
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Rivian and Mercedes have signed a “memorandum of understanding” to paintings in combination on manufacturing of electrical vehicles and to start out making them in Europe.
Together, the corporations will create a manufacturing facility in Europe devoted to generating electrical cars. The corporations will collectively spend money on converting an current Mercedes manufacturing website in central or japanese Europe to conform for construction new electrical vehicles, the corporations stated.
Rivian has already agreed to offer 100,000 electrical supply vehicles for Amazon, which owns 18% of the electrical truck and SUV maker. While popularly identified for its luxurious vehicles, Mercedes may be a big provider globally of industrial vehicles, promoting about 334,000 remaining yr. More than 9,000 of the ones had been electrical, the corporate stated. In addition to gasoline- and diesel-powered vehicles, Mercedes additionally produces plenty of electrical van fashions, together with the huge eSprinter the smaller EQV.
Under the settlement, the corporations will produce two massive vehicles – one according to Mercedes’ engineering and the opposite with new “second-generation” Rivian engineering.
Both Mercedes and Rivian additionally be offering electrical passenger cars. Rivian sells the R1T, a midsize pickup truck, and the R1S SUV. Mercedes sells electrical vehicles, like EQS sedan, and electrical SUVs.
The corporations additionally stated they’d discover different cost-saving alternatives someday.
