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"Inexpensive cars shouldn't be cars with limited features," Wassym Bensaid, Rivian's chief software officer, told Business ...
According to final terms announced late on Tuesday, VW will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was ...
Rivian's software chief praises VW partnership for injecting 'startup DNA' in company as they prepare to launch budget EV.
Volkswagen and EV company Rivian have entered a new partnership, and the total price tag for the collaboration could reach an eye-popping $5 billion. The businesses are launching a joint venture ...
Rivian shares move as it partners with Samsara to enhance EV fleet data integration, boosting operational efficiency for ...
It seems like ages ago, but many investors forgot that at the end of 2023, Rivian Automotive ( RIVN -2.89%) arguably had more ...
PALO ALTO, California — A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen Group ... with whom they can make that collaboration,” he said. The venture is likely ...
Rivian is also actively growing its commercial vehicle business, having recently established a collaboration with ... The strategic alliance with Volkswagen Group not only provides crucial ...
The collaboration with Rivian is Volkswagen’s second tie-up with another automaker this year aimed at strengthening its software, which has been a notoriously weak point for the German company.
That’s perhaps best embodied by Volkswagen’s decision to partner with Rivian, which will see future Volkswagen vehicles, like the new ID.1, get software that’s based on Rivian’s.
VW is teaming up with Rivian to make the German brand's cheapest-ever EV: the $22,500 ID Every1. Rivian's software boss told BI it's proof that cut-price electric cars don't need to be low-tech.