VW invests 5 billion US dollars in Rivian

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Volkswagen (VW) recently announced a significant investment of 5 billion US dollars in the US electric car manufacturer Rivian. This partnership aims to develop the next generation of Software Defined Vehicles (SDVs) and thus significantly influence the future of electric vehicles. Joint Venture: VW and Rivian establish a joint venture for the development of advanced electric architectures and software. Independence: Both companies remain independent and continue to develop their own vehicles. Flexible architecture: Rivian’s architecture enables almost complete control and updating of the vehicle software. Global presence: VW’s global position supports Rivian’s expansion outside North America. Background and objectives of … (Weiterlesen...)
 
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