{"id":542941,"date":"2022-12-14T09:37:16","date_gmt":"2022-12-14T04:07:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=542941"},"modified":"2022-12-14T10:30:22","modified_gmt":"2022-12-14T05:00:22","slug":"rivian-ev-puts-hold-on-partnership-for-electric-vans-with-mercedes-benz","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rivian-ev-puts-hold-on-partnership-for-electric-vans-with-mercedes-benz\/","title":{"rendered":"Rivian EV puts hold on partnership for electric vans with Mercedes-Benz"},"content":{"rendered":"<p>Electric car-maker Rivian has put a pause on plans to co-develop multiple new electric delivery vans with luxury German automaker Mercedes-Benz.<\/p>\n<p>Rivian was concerned about spending a lot of money on an expensive new vehicle development project amid a slowing economy, reports The Verge.<\/p>\n<p>&#8220;At this point in time, we believe focusing on our consumer business, as well as our existing commercial business, represent the most attractive near-term opportunities to maximize value,&#8221; RJ Scaringe, CEO, Rivian, said in a statement.<\/p>\n<p>The companies were supposed to build the vehicles together at a manufacturing site in Europe, but the German automaker is not going to pause its own plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Electric car-maker Rivian has put a pause on plans to co-develop multiple new electric delivery vans with luxury German automaker Mercedes-Benz. Rivian was concerned about spending a lot of money on an expensive new vehicle development project amid a slowing economy, reports The Verge. &#8220;At this point in time, we believe focusing on our consumer business, as well as our existing commercial business, represent the most attractive near-term opportunities to maximize value,&#8221; RJ Scaringe, CEO, Rivian, said in a statement. The companies were supposed to build the vehicles together at a manufacturing site in Europe, but the German automaker is [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-542941","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/542941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=542941"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/542941\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=542941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=542941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=542941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}