Image: Mercedes-Benz / Rivian

Rivian and Mercedes-Benz halted plans to co-develop multiple new electric delivery vans based on both companies’ commercial EV platforms. Rivian put the agreement on pause reportedly because it was concerned about spending a lot of money on an expensive new vehicle development project amid a slowing economy.

“At this point in time, we believe focusing on our consumer business, as well as our existing commercial business, represent the most attractive...

Continue Reading Rivian and Mercedes-Benz electric van partnership is on hold indefinitely