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Volkswagen Invests Up To $5 Billion In Rivian, Forms Joint Venture For EV Software
27 March, 2026.Business.14 sources
Key Takeaways
- Volkswagen commits up to $5B to Rivian to create a software JV.
- Joint venture will develop software and electrical architecture for VW's future vehicles.
- Winter testing completed, unlocking an additional $1 billion investment into Rivian JV.
Summary
Multiple sources are reporting on Volkswagen Invests Up To $5 Billion In Rivian, Forms Joint Venture For EV Software.
“Struggling in the market for electric and connected vehicles, the German group announced its partnership with an American startup”
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