Explainer-What’s behind Volkswagen’s $5 billion EV software bet on Rivian?

June 26, 2024

BERLIN/FRANKFURT (Reuters) – Volkswagen, Europe’s biggest carmaker, plans to spend as much as $5 billion on an electric vehicle (EV) software partnership with U.S.-based Rivian.

Here are some of the key issues around the deal:

WHY IS VOLKSWAGEN DOING THIS?…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.



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