SeeCars.com Executive Analyst Karl Brauer joins Yahoo Finance Live anchors Pras Subramanian, Seana Smith and Jared Blikre to discuss Rivian halting its electric van deal with Mercedes-Benz along with
Mercedes will move forward with EV development on its own, and will build a new plant in Poland and develop electric vans using its own technology.

Final Trades: Energy, Rivian, Visa & more

01:51pm, Monday, 12'th Dec 2022
The "Halftime Report" traders give their top picks to watch for the second half.
EV startup Rivian is working through growing pains, amid rising raw material costs and chip shortages. Is Rivian stock a buy?
Yahoo Finance Live anchors Brian Sozzi, Brad Smith and Julie Hyman discuss Amazon-backed EV maker Rivian walking away from its plans to manufacture electric vans with Mercedes Benz.

Why Rivian Stock Is Sinking Today

11:44am, Monday, 12'th Dec 2022
Is Rivian's move to call off a deal in Europe really so bad? Here's what you should know.
Rivian Automotive Inc (NASDAQ:RIVN) is pausing its electric vehicle (EV) plans in Europe with Mercedes-Benz.
Rivian and Mercedes-Benz have paused plans to produce electric commercial vans in Europe just three months after the two automakers announced the partnership. Rivian shares fell as much as 3.4% before
Shares of Rivian (NASDAQ: RIVN ) stock opened in the red after the electric vehicle (EV) company announced that it had scrapped its plans to build EVs with Mercedes-Benz (OTCMKTS: MBGYY ). In Septembe
Electric vehicle stocks have been among the underperforming names for the year. Growth stocks have generally suffered due to contractionary monetary policies and adjustments to growth expectations.
The EV automaker is halting its plans to make electric vans in Europe.
Rivian Automotive (NASDAQ: RIVN ) fell 5% on news it is canceling plans to build an electric van in Europe with Mercedes Benz (OTCMKTS: MBGYY ). The two companies announced in September they would jo
Rivian Automotive Inc RIVN shares are trading lower Monday after the company paused partnership discussions with Mercedes-Benz on electric van production in Europe.
Deteriorating economic conditions put the plans on hold.
Rivian and Mercedes-Benz announced a joint venture in September to build large commercial electric vans. Now the deal has been put on hold.
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