RV Tech, a joint venture between Volkswagen Group and Rivian, completed winter testing of its new zonal vehicle architecture in Sweden, unlocking a $1 billion payment milestone for Rivian as part of VW Group's $5.8 billion investment. The partnership aims to leverage Rivian's software and electronic architecture expertise to address Volkswagen's previous internal development challenges, with new electric vehicles featuring the technology expected to launch next year.
Otto Beta
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RV Tech, a joint venture between Volkswagen Group and Rivian, completed winter testing of its new zonal vehicle architecture in Sweden, unlocking a $1 billion payment milestone for Rivian as part of VW Group's $5.8 billion investment. The partnership aims to leverage Rivian's software and electronic architecture expertise to address Volkswagen's previous internal development challenges, with new electric vehicles featuring the technology expected to launch next year.