Automotive Testing Technology International’s Post

Rivian and Volkswagen’s $5.8 billion joint venture exemplifies a strategic collaboration aimed at accelerating electric vehicle (EV) innovation. Rivian brings to the table its advanced EV architecture and software, developed through substantial investment, which supports efficient power management, advanced driver-assistance systems, and seamless over-the-air updates. Volkswagen contributes global reach and manufacturing prowess, enabling the new technology to scale quickly across international markets. This collaboration allows both companies to reduce development costs and leverage shared resources, a crucial advantage in the capital-intensive EV industry. For Volkswagen, the partnership is a pathway to expedite its EV goals without building all elements from scratch. By incorporating Rivian’s technology into its lineup, Volkswagen can enhance the appeal of its future models, including the new Scout brand in the U.S. market. Rivian, meanwhile, gains a broader market presence and a steady revenue stream, potentially offsetting its current financial challenges. However, there are risks. Rivian is offering a core asset that might dilute its competitive edge, while Volkswagen depends on an entity it cannot fully control for crucial technology. Despite these concerns, the alliance strategically positions both companies in the competitive EV landscape, combining innovative technology with extensive market reach to push the industry forward. #evpartnership #rivian #volkswagen #electricvehicles #innovation #jointventure #evtechnology #automotiveindustry #scalability #marketreach #sustainability #costreduction #riskanalysis

The good Prof makes some interesting comments. I will add mine. I don't believe that VW have addressed the fundamentals in their business to save them. Wages. Cost of materials. Speed of product development and turnaround. In these the Chinese have them beaten and I'd be far happier seeing them do a deal with the Chinese focussing on these three aspects than on purely expensive tech development at this stage. Interestingly I did read a post about the lingering after effects of Dieselgate on company culture, weighing down on their ability to make quick decisions. A case study for MBAs on how to handle corporate disasters perhaps - do exactly what VW didn't? Ouchies. Sorry. #notsorry

VW and Rivian Strike $5.8B Deal to Accelerate EV Software Development Volkswagen and Rivian have announced a groundbreaking $5.8 billion joint venture focused on developing advanced electric vehicle technology and software platforms, according to a report from Deutsche Welle. Strategic Partnership Aims for 2027 Launch The collaboration, unveiled in Palo Alto, California, will leverage Rivian’s expertise in software and EV technology across VW’s brand portfolio. VW Group CEO Oliver Blume confirmed the rollout will begin with Volkswagen vehicles before expanding to Audi, Scout, Porsche, and other brands. Software Development Takes Center Stage This partnership comes at a crucial time for both manufacturers. VW has struggled with its in-house software development arm […] by Haye Kesteloo #ev #Audi #California #Germany #Make #Porsche #Rivian #Softwareupdate #Tesla #Volkswagen

🤝 Rivian and Volkswagen pair up to Accelerate EV Technology. This joint venture will develop next-gen electrical architecture and software technology. The partnership is expected to advance the development of software for both companies, lower costs, and increase innovation globally. The deal is expected to be a $5 billion investment in total for VW. 🕺 Rivian's CEO, RJ Scaringe, said: “We’re very excited to be partnering with Volkswagen Group. Since the earliest days of Rivian, we have been focused on developing highly differentiated technology, and it’s exciting that one of the world’s largest and most respected automotive companies has recognized this”.  -Rivian Newsroom 👉 The joint venture aims to launch vehicles benefiting from the technology created within the joint venture in the second half of the decade. In the short term, Volkswagen Group is expected to utilize Rivian's existing electrical architecture and software platform. 🚗 The Rivian R3 closely resembles an ’80s Golf when it was revealed on May 7th- it’s no surprise that they got together with VW. 😉 Go electric ✌🏼 #Rivian #Volkswagen #ElectricVehicles #Technology #Innovation 📸: Brian Lindenmeyer on X

MOVE: Mobility Re-imagined is about partnerships. This investment between Volkswagen Group (VW) and Rivian, led by RJ Scaringe, underscores the evolving dynamics in the electric vehicle (EV) market. The deal represents a strategic effort by VW to align itself with faster-moving, tech-driven startups to gain a competitive edge in the rapidly evolving EV sector. Rivian’s strength lies in its innovative software and computing systems, which VW hopes to leverage as the traditional auto giant transitions from internal combustion engines to electric powertrains. For Rivian, this partnership brings a much-needed infusion of capital—$5.8 billion, up from the previously expected $5 billion—as well as the backing of a global automotive powerhouse that can help it scale operations. In exchange, VW will access Rivian’s cutting-edge technology, particularly its expertise in integrating software with hardware. This collaboration comes as automakers recognize the importance of making their vehicles highly connected and software-driven, much like smartphones. The move also highlights the contrasting strengths of the two companies: VW’s scale, engineering tradition, and manufacturing might versus Rivian’s agility and software expertise. With Tesla and #chineseautomakers setting the pace in the EV space, legacy automakers like VW are looking to outside partnerships to close the gap. This deal suggests that the future of the auto industry will likely be shaped by collaborations between traditional automakers and tech-savvy startups. It remains to be seen how effectively VW can integrate Rivian’s innovative culture into its own operations, which have historically been marked by self-reliance and a focus on engineering prowess.

Has VW surged in electrical vehicle tech because of their strategic partnership with Rivian? It was just announced! Rivian and Volkswagen are joining forces to improve and make electric cars more affordable. They plan to combine Rivian’s cutting-edge technology with Volkswagen’s large-scale manufacturing. The goal is to make better electric vehicles faster and reduce production costs. While this partnership sounds promising, there are some real challenges ahead. Merging two big companies from different corners of the globe is complex. They need to make sure their technology and production methods mesh well. Plus, there’s some concern about whether Rivian can stay afloat long enough to see these plans through. As a newer company, Rivian faces financial pressures and the task of proving it can compete in the tough auto market. This partnership is a big bet on the power of collaboration but it’s not without risks. While teaming up can bring major advancements, it also introduces challenges, especially when one of the partners is still proving its stability in the market. For those following the auto industry, this is a partnership to watch. What can we learn from how they tackle these challenges? And for everyone else, think about this: If you were to start a big project or collaboration, how would you prepare for and manage potential risks? Keep an eye on how Rivian and Volkswagen manage going forward. It could change the automotive landscape and offers a real-world lesson on navigating business challenges and collaborations or it could be a real bust with VW absorbing the tech and other remaining assets. Laurie Lamberth - thank you for the shout-out and heads up

🚗 Exciting news in the automotive industry! 🌿 Rivian and Volkswagen Group have announced plans for a joint venture to create industry-leading vehicle software technology. 💰 Volkswagen Group also plans to invest up to $5 billion in Rivian. Key highlights: - The joint venture aims to create next-generation software-defined vehicle (SDV) platforms for future electric vehicles of both companies. - Rivian's proven zonal hardware design and integrated technology platform will serve as the foundation for SDV development. - The partnership is expected to accelerate software development, lower costs, and speed up innovation globally. - Vehicles benefiting from the joint venture's technology are expected to launch in the second half of the decade. Volkswagen Group will initially invest $1 billion in Rivian through an unsecured convertible note, with plans for an additional $4 billion investment. 📈 This strategic partnership showcases the growing importance of software and electrical architecture in the automotive industry's shift towards electric and autonomous vehicles. 🔌🚘 Read more: https://lnkd.in/gfcA3x4D #RivianVolkswagen #ElectricVehicles #SoftwareDefinedVehicles #AutomotiveIndustry #Investments

Rivian and Volkswagen Group launch partnership for next-gen #SDV platforms Rivian and VW Group Technologies will be headed by Wassym Bensaid (Rivian) and Carsten Helbing (Volkswagen Group). Oliver Blume, CEO of #VolkswagenGroup, said, “We have a clear plan to offer our customers the best products and digital experiences at attractive prices through state-of-the-art development processes, innovative technological approaches, and a competitive cost base driven by synergies.” RJ Scaringe, founder and CEO of Rivian, said, “We’re thrilled to see our technology being integrated in vehicles outside of Rivian, and we’re excited for the future. Rivian will continue to stay focused on creating best in class products and services that benefit our customers, helping to drive EV adoption.” Read more here: https://lnkd.in/ebRmHk69   #Automotive #AutomotiveTesting #Engineering #AutomotiveIndustry #AutomotiveEngineering #Mobility #Technology #Transportation #AutoTestMag #AutoTestExpo #AutoTestNovi #AutoTestEurope #AutoTestIndia #AutoTestChina #AutoTestKorea #ukimediaevents

BBC News - VW launches $5.8bn tie-up with Tesla rival Rivian https://lnkd.in/eees8dyX #SymbioticSynergy Volkswagen and Rivian Automotive have officially launched their joint venture this week, after the German car giant increased its investment in the electric vehicle (EV) manufacturer. Volkswagen announced the new joint venture (JV) with a total deal size of up to $5.8 billion, saying it “combines the strength of both partners to create cutting-edge software and electronics architectures and scale the electric vehicle platforms and architectures.” Collaboration is the life blood of New-Age Enterprises, powered Symbiotic Synergy Approaches. #Partnership #Collaboration #symbioticrelationship