BERLIN (Reuters) – Mercedes-Benz Vans and Rivian have signed a memorandum of understanding for a joint venture to produce electric vans in a factory in Central or Eastern Europe within the next few years, Mercedes-Benz Vans said on Thursday.
The companies are planning ways to produce both of their models of a joint production line, Mercedes-Benz said, adding it was also developing a new all-electric van architecture of its own called VAN.EA.
(Reporting by Victoria Waldersee, editing by Rachel More)
