From FutureAZA.
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Links from today’s show:
Rivian and Volkswagen Group intend to enter a joint venture to create next generation software-defined vehicle (SDV) platforms to be used in both companies’ future electric vehicles. Volkswagen Group to invest an initial $1 billion in Rivian, with up to $4 billion in planned additional investment for a total expected deal size of $5 billion.
https://rivian.com/newsroom/article/rivian-and-volkswagen-group-announce-plans-for-joint-venture
Volkswagen and Rivian have crossed all their T’s and dotted all their I’s in their new $5.8 billion joint venture, which officially kicks off its work on November 13th, the companies announced today.
https://www.theverge.com/2024/11/12/24294827/vw-rivian-joint-venture-leadership-ev
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#Tesla #TSLA #EVs