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Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to ...
Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...
The joint venture, first announced in June, will use Rivian's proficiency in simplifying vehicle electronics and VW's capital ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in ...
“The partnership with Rivian is the next logical step in our software strategy,” Oliver Blume, the chief executive of Volkswagen, said in a statement. In June, Volkswagen and Rivian had said ...
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
CEO of Volkswagen Group said, adding that their partnership with Rivian would be the next logical step in the company’s software strategy and strengthened their position in the global market.
The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.
Anyone who follows the electric vehicle race closely knows that the Volkswagen Group has struggled on the software front for years now. That's a broad term, but it includes everything from in-car ...