Volkswagen: Rivian JV a matter of ‘speed’ and ‘cost’
In a new interview with UK online outlet Top Gear, Volkswagen’s Chief Executive for Passenger Cars, Thomas Schäfer, offered a rare insight into the automaker’s thought process behind its US$5.8bn joint venture electric vehicle (EV) brand Rivian. The ten-figure investment, he explained, was a necessary measure to ensure that its software products meet customers quickly and without drawn-out, expensive development windows.
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Originally posted on: https://www.automotiveworld.com/news/volkswagen-rivian-jv-a-matter-of-speed-and-cost/