
TransUnion Africa CEO to share critical insights at DealerCon
Lee Naik, CEO of TransUnion Africa, will deliver a keynote address at the upcoming Cars.co.za DealerCon 2025 on Wednesday, 17 September.
- Industry News
- 16 September 2025
Mercedes-Benz and Rivian have abandoned their partnership that would have seen them building electric vans together.
The two manufacturers signed a Memorandum of Understanding in September that supposedly paved the way for a van being built for each brand. But on 12 December they disbanded the partnership.
Rivian CEO, RJ Scaringe, said the company decided that it would be more valuable to rather focus on its current consumer and commercial business operations, while Mathias Geisen, head of Mercedes-Benz Vans, said he understood and respected Rivian’s decision.
Geisen did indicate, though, that the company’s electrification strategy would be pursued without change. He said Mercedes-Benz Vans were still committed to its new EV-manufacturing plant in Poland and its first dedicated electric van factory. Geisen also said that the current development did not mean that the two brands might not work together in the future.
Initially the two companies were hoping that the partnership would reduce the cost of electric vans for commercial vehicle users.
Last year also saw Rivian part ways with Ford in a partnership that was supposed to see the two companies manufacturing vehicles together.
On World EV Day, a survey of 6 700 South African car owners highlights growing interest in Plug-in Hybrids (PHEVs) and Electric Vehicles (EVs).
The European automotive industry stands at a critical juncture. Fresh results from the EY research firm reveal that electric vehicles will capture over half of new light vehicle sales across Europe by 2032, marking a seismic shift in consumer preferences and industrial priorities.
Electric vehicles are older than many people realise. In the late nineteenth century, battery electric cars were common in cities because they were quiet, clean and easy to drive compared to petrol cars that needed hand cranking.