Technology partnership – VW invests five billion dollars in Tesla rival Rivian

Analyst sees “a real bargain”
Rivian is one of the few manufacturers that have such a zone architecture in series production – and is therefore valuable for VW, commented Pedro Pacheco, automotive analyst at the market research firm Garter. When you consider how much money Volkswagen has already invested in developing its own platform, the billions for Rivian are “a real bargain” for the German company. The deal also sends a signal that things that were once developed in-house can now come from another manufacturer. At the same time, Pacheco raised the question of what manufacturers do with their own car software teams when they buy so much.

source site-13