Production of electric Amazon delivery vans on April 11, 2022 at Rivian’s plant in Normal, Ill.
Michael Wayland / CNBC
The companies plan to manufacture two different EV vans – one for each automaker – on a shared assembly line, they said. The idea is to reduce costs for both companies by sharing investments, technology and suppliers.
They plan to build a new EV-only production facility at an existing Mercedes-Benz factory site in Central or Eastern Europe, with production starting in “a few years,” the two companies said in a statement.