Volkswagen commits up to $5 billion in Rivian for strategic software partnership

Volkswagen Group has announced a strategic investment of $1 billion into the electric vehicle startup Rivian, as part of a comprehensive software development agreement that has the potential to escalate up to $5 billion. This financial injection is a significant boost for Rivian, particularly as the company navigates the challenging road ahead in bringing its … Continue reading Volkswagen commits up to $5 billion in Rivian for strategic software partnership