Rivian says no plans to produce vehicles with VW after media report on early talks
Rivian says no plans to produce vehicles with VW after media report on early talks
www.reuters.com /business/autos-transportation/rivian-denies-media-report-production-talks-with-vw-2024-07-02/
cross-posted from: https://lemmy.ml/post/17606984
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If they're early talks, obviously they don't have plans yet.
Also, it sounded like the deal was Rivian licensed their tech to VW. For VW to then use in their own cars.
So yeah no surprise Rivian is not planning to coordinate further. The deal was VW buying the rights to catch up to where Rivian already is.
This, and it's a really smart decision for both, VW has been struggling on the software side, and Rivian is already offering custom software solutions to fleet buyers of their step vans, so now their software people get more work, and Rivian gets more money.