Rivian’s (NASDAQ: RIVN) decision to shelf a joint venture to develop electric vans is a “head-scratcher,” one analyst said, as the two companies signed a Memorandum of Understanding (MOU) just three months ago. This morning, Rivian announced its plans to “no longer pursue” the MOU it signed with Germany’s Mercedes-Benz to build EV vans. Citing … Continue reading Rivian shelving Mercedes-Benz JV is a ‘head-scratcher:’ analyst