Rivian said on Monday it is pausing the plan to instead focus on its existing van and consumer vehicles, though remains open to exploring partnerships with Mercedes in the future.
“At this point in time, we believe focusing on our consumer business, as well as our existing commercial business, represent the most attractive near-term opportunities to maximize value for Rivian,” RJ Scaringe, Rivian's CEO and co-founder, said in a statement. Rivian and Mercedes in September signed a memorandum of understanding for a deal to build vans at a newly constructed plant in Europe. Under the plan, both automakers would build large electric vans at the plant using their own respective platforms.Mercedes on Monday said it plans to go ahead with the plant, which will be located in Jawor, Poland, where Mercedes already builds internal-combustion engines and batteries.
Rivian's van was expected to be based on a second-generation version of the automaker's Light Van platform. The current version underpinsThe news comes just weeks after Rivian said it was delaying by a year a plan to launch a range of smaller, more affordable EVs
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