![Rivian Attracts Volkswagen Investment of $5Bn For Next-Gen Development](/content/images/size/w600/2024/06/Web-1920---4826-1.png)
Rivian Attracts Volkswagen Investment of $5Bn For Next-Gen Development
Volkswagen intends to invest up to $5bn in Rivian, the two automakers will create a joint venture to develop a new electric vehicle architecture and software for future models. The agreement will be a 50/50 joint venture, granting Volkswagen access to the Rivian software to use in their own...