Rivian and Mercedes are teaming up to make electric trucks faster

and is partnering with the aim of building large electric trucks more quickly. Two companies have to develop strategic partnerships and establish joint venture companies. They hope to use their shared resources to reduce costs and make electric trucks more affordable while ramping up production.

The goal was to produce two trucks on a common assembly line. One will be based on the Mercedes ‑ Benz Vans VAN.EA architecture. The other will revolve around Rivian’s second-generation Rivian Light Van platform. The two sides will also consider “other options to strengthen synergies.”

The companies aim to build electric vehicles in a new plant at an existing Mercedes-Benz site in Central or Eastern Europe, starting in a few years. However, the plan is far from finalized as Rivian and Mercedes-Benz have not reached a binding agreement and they will need to address regulatory hurdles.

“We are delighted to partner with Mercedes-Benz on this project,” said Rivian CEO RJ Scaringe in a statement. Truly remarkable electric trucks will not only benefit our customers, but also benefit the planet. “

Both companies have with Rivian having a deal to . However, Rivian has endured some turmoil in recent months. Its meet needs. It to attract more resources into vehicle crafting. Established company but production won’t start there until 2024. Working with Mercedes to create joint production lines could help it build electric trucks faster.

From Mercedes’ point of view, this is part of the a broader strategy to accelerate the transition to electric trucks. The company says it is revamping its production setup in Europe, and by mid-decade, all of its new trucks will be fully electric.

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