IAA Mobility 2025: VW Group and Rivian launches “New Level Procurement Model” to secure semiconductor supply

On September 10, Volkswagen Group announced its new “New Level Procurement Model” with Rivian Automotive and Volkswagen Group Technologies at the 4th Semiconductor Summit during IAA Mobility 2025. The model covers over 50 semiconductor categories, including microcontrollers, power transistors, and circuit boards that....

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