The JV between Mercedes and Rivian has been paused indefinitely as part of “ongoing reprioritization of projects” according to MB in this press release.
RJ's response in a Rivian statement: "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,"
europe.autonews.com
RJ's response in a Rivian statement: "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,"
Rivian, Mercedes pause plans for JV to build electric vans in Europe
The project has been paused as Rivian focuses on its consumer and existing commercial business as it tries to become cash flow-positive in its U.S. operations.
europe.autonews.com
