business 70d ago
Volkswagen invests $1 billion more in Rivian, advances EV collaboration with new architecture

Volkswagen's additional $1 billion investment signifies a deepening partnership with Rivian, emphasizing their focus on EV technology development. The successful winter testing of the new zonal architecture demonstrates progress in vehicle electronics, crucial for future models. This milestone might trigger an extra $1 billion payout from VW, accelerating Rivian's technological innovations.
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1 article · TechCrunch
70d ago
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Herbert Diess
Rivian
Volkswagen