VW to invest USD 5 billion in Rivian as part of tech joint venture
On June 25, the Volkswagen Group announced it will invest up to USD 5 billion in U.S. EV maker Rivian as part of a new, equally controlled joint venture to create EV architecture and software.
The partnership will help Volkswagen accelerate its plans to develop software-defined vehicles (SDV), with Rivian licensing i....
The partnership will help Volkswagen accelerate its plans to develop software-defined vehicles (SDV), with Rivian licensing i....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)