Volkswagen and Rivian have entered into a $5 billion partnership to develop software-defined vehicles
28.06.24
Volkswagen and Rivian have entered into a $5 billion partnership to develop software-defined vehicles. The collaboration will focus on Rivian’s zonal architecture, which significantly reduces the complexity of wiring and electronics in electric vehicles. This partnership will allow the companies to use their joint capabilities to produce new cars, while each company will continue to produce its own models.
The amount of cooperation is divided into several components. Volkswagen is investing $1 billion in Rivian, with further investments of the same amount in 2025 and 2026. Volkswagen also plans to invest $2 billion in the joint venture, partly at launch and partly in the form of a loan in 2026.
This work will allow Volkswagen to adapt Rivian’s signature zonal architecture for future vehicles. Rivian, which has faced financial difficulties, including abandoning plans for a Georgia plant and cutting 10% of its workforce, could be stabilized with this major deal with the leading automaker.
Don't miss interesting news
Subscribe to our channels and read announcements of high-tech news, tes
![Articles](https://hi-tech.ua/wp-content/themes/softpress/img/arrow.png)
Acer Nitro 16 AN16-41-R86T gaming laptop test: fresh
![views](https://hi-tech.ua/wp-content/themes/softpress/img/icons/eyeglasses.png)
![comments](https://hi-tech.ua/wp-content/themes/softpress/img/icons/speach.png)
![Acer Nitro 16 AN16-41-R86T (NH.QKCEU.003)](https://hi-tech.ua/wp-content/uploads/2024/06/acer-nitro-16-an16-41-r86t-nh.qkceu_.003-23-300x225.jpg)
The line of Acer Nitro gaming laptops has been replenished with new models in the middle and high middle price segment. Let’s talk about the new Acer Nitro 16 model with an AMD processor and a GeForce RTX video card in more detail.
![News](https://hi-tech.ua/wp-content/themes/softpress/img/arrow.png)
Volkswagen and Rivian have entered into a $5 billion partnership to develop software-defined vehicles
business VolkswagenVolkswagen and Rivian have entered into a $5 billion partnership to develop software-defined vehicles.
The UGREEN Energy Pro battery with a 1.54-inch screen, a capacity of 25,000 mAh and a power of up to 65 W costs $48
accumulatorThe UGREEN company introduced a new portable battery called Energy Pro. The gadget is equipped with a color TFT-screen with a diagonal of 1.54 inches, which displays information about charging, voltage and current.