Volkswagen Group to Invest $5B in Rivian for Joint EV Venture

Comments
Loading...
Volkswagen Group to Invest $5B in Rivian for Joint EV VentureVolkswagen Group has announced plans to invest up to $5 billion in US electric vehicle maker Rivian, forming a joint venture to share EV architecture and software. This partnership aims to accelerate the development of next-generation software-defined vehicle (SDV) platforms. Key Points of VW and Rivian Joint Venture According to an official statement, Volkswagen Group […]

The post Volkswagen Group to Invest $5B in Rivian for Joint EV Venture appeared first on Techopedia.

Market News and Data brought to you by Benzinga APIs