Volkswagen's Strategic Partnership with Rivian
Volkswagen has embarked on a strategic collaboration with Rivian, investing a substantial €5.8 billion to access Rivian's advanced electric and software architecture. This partnership aims to bolster Volkswagen's capabilities in the evolving electric vehicle (EV) market. The investment includes €3.5 billion for Rivian shares and €2.3 billion for their joint venture, set to operate from Palo Alto, with additional sites planned in Europe and North America.
By leveraging Rivian’s innovative arch..
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