Loading…

Volkswagen and Rivian have received merger control clearance from the Bundeskartellamt to form a 50/50 joint venture to develop next-generation E/E architecture for electric vehicles, and VW will acquire a minority stake in Rivian.
“At its core the cooperation project is about the way in which a large number of complex functions and components are best organised in cars and how they interact with each other.”cleantechnica.com
Summarized from public sources; check the original articles before acting on it.