12 December (Reuters) – Mercedes-Benz (MBGn.DE) The corporate mentioned on Monday that Vans will make investments greater than 1 billion euros ($1.05 billion) to construct the primary electric-only minivan manufacturing facility in Jawor, Poland, and it awaits approval of circumstances similar to approval of subsidies for the funding.

The pickup truck producer, a division of Mercedes-Benz, signed a press release of intent with the Polish authorities and different companions so as to add the pickup truck manufacturing facility to the Jawor website, the place it produces inside combustion engines and batteries for Mercedes-Benz Cars.

The plant would be the fourth in Mercedes-Benz’s European pickup truck manufacturing community, which has been reorganized to supply purely electrical pickup vans constructed solely on the VAN.EA platform.

A doable enlargement of the manufacturing facility by means of a three way partnership with US electrical van maker Rivian (RIVN.O) Within the assertion confirming Rivian’s assertion, it was said that it’ll now not happen because of the re-priority of the US agency’s deliberate initiatives.

The businesses mentioned in September they had been planning a three way partnership to supply electrical pickup vans at a manufacturing facility in Poland, Hungary or Romania over the subsequent few years, however Rivian mentioned Monday it is going to concentrate on its shopper enterprise and its current industrial enterprise.

($1 = 0,9482 Euros)

Reported by Tristan Chabba from Gdansk and Pawel Florkiewicz from Warsaw, edited by Victoria Waldersee, Rachel Extra and Louise Heavens from Berlin.

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