Volkswagen Commits $1 Billion to Rivian, Strengthening Strategic Partnership
1 day ago / Read about 0 minute
Author:小编   

On Monday, the Volkswagen Group will infuse $1 billion into its partner, Rivian Automotive, marking a significant milestone achieved by both parties as per their earlier agreement. This investment underscores Volkswagen's pledge to invest up to $5.8 billion in Rivian, a move aimed at accelerating their technological collaboration. Through this partnership, Volkswagen aims to leverage Rivian's cutting-edge electric vehicle architecture technology.