Rivian and Mercedes-Benz announced a joint venture in September to build large commercial electric vans. Now the deal has been put on hold.
Electric vehicle maker Rivian Automotive on Monday said it won't go forward with a plan to make electric vans in Europe with Mercedes-Benz, just three months after agreeing to the pact.
Rivian said Monday it was pausing plans to manufacture electric commercial vans in Europe and would “no longer pursue” the agreement it made with Mercedes-Benz.
Rivian Automotive Inc said on Monday it is pausing its joint venture with Mercedes-Benz Vans, just three months after the companies entered a partnership to make electric vans in Europe.
The electric-vehicle maker said it wants to focus on its existing commercial-van business, as well as retail sales of trucks and SUVs.
The Nasdaq 100 Index will undergo its annual rebalancing making changes to its composition before trading begins on Dec. 19,
Rivian's order book continues to grow, while the same can't be said for Lucid.

Roadtripping with (and camping in) the Rivian R1S

11:00am, Wednesday, 07'th Dec 2022
Let's be clear: I hate the desert. In spite of competing in last year's Rebelle Rally and spending a full 10-days completely off the grid, camping, competing, navigating and driving offroad in the Nev
Rivian is battling reports of bedbugs at its assembly plant in Normal, Illinois as the startup works to add a second shift of production.
When investors are in "risk-off" mode, unprofitable EV companies are often the first to be sold.

Rivian Is Revving Up for the Big Leagues

10:46am, Tuesday, 06'th Dec 2022
Rivian ( RIVN , Financial) is an electric vehicle manufacturer that is quickly emerging as a solid contender to the big wigs like Tesla ( TSLA , Financial) thanks to its focus on pickup trucks and SUV

7 Electric Vehicle Stocks to Sell in December

05:58pm, Monday, 05'th Dec 2022
After all the excitement the sector garnered last year, it looks as if it's time to consider which electric vehicle stocks to sell. The year has exposed the weaknesses in multiple sectors, and the ele
Rivian (NASDAQ: RIVN ) stock is getting hit hard on Monday, down more than 5% on the day. But it's not just RIVN stock that's under pressure.
The electric vehicle (EV) industry is just getting started and EV stocks are here to thrive. There was a time when EV was a new concept with only a few producers in the market, but over the past few y
Rivian Automotive (NASDAQ: RIVN) has announced the signing of a power purchase agreement with Apex Clean Energy for 50 megawatts of electricity from the Goose Creek Wind farm in Piatt County, Illinois
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