In June this year, Volkswagen announced that it would invest US$5 billion in RIVIAN, a new American power company, and establish a new joint venture with each party holding a 50% stake.
Volkswagen will receive technical support for software systems, while RIVIAN will receive cash and production technology, etc.
, including the production of RIVIAN R2 at Volkswagen’s South Carolina factory (parameters| Inquiry) Model model, etc.
, 
, but recently RIVIAN responded that there are currently no plans to cooperate with Volkswagen Group to produce cars.
RIVIAN R2 will still be produced at the Normal plant in Illinois, and will subsequently be produced at the planned Georgia plant.
Later, Volkswagen declined to comment, saying only that its focus was on joint ventures.
.
Although the joint venture company’s first product may not arrive for several years, what is more noteworthy in this cooperation is the improvement of Volkswagen Group’s software systems.
At the same time, the new company is also expected to help reduce CARIAD’s losses.
The company is a newly established component systems company of Volkswagen, with losses reaching US$4.
9 billion in the past two years (US$2.
3 billion in 2022 and 2023).
(Written by Car Home Guo Chen), return to the first electric network home page>,.
