Volkswagen and Rivian Join Forces in a $5.8 Billion Joint Venture to Build Next-Gen Electric Vehicle Software
Volkswagen and Rivian officially launched a new $5.8 billion joint venture, in an official release, giving the world a significant collaboration for the advancement of electric vehicle technology. Through this new company, “Rivian and VW Group Technology, LLC,” it will invest in scalable electric architecture and software for upcoming EVs. Its first vehicle will be … Read more