Volkswagen’s unexpected $5 billion investment in Rivian has shaken the automotive industry. With secret meetings and cloaked Audis, this deal promises to redefine the future of electric vehicles. Read on for the full story.
Tag: Electric Vehicles
The Details Behind VW’s $5 Billion Investment in Rivian’s Electric Vehicle Technology
In a bold move that’s sending shockwaves through the automotive industry, Volkswagen Group has announced plans to invest up to $5 billion in U.S. electric vehicle (EV) startup Rivian. This strategic partnership aims to accelerate both companies’ software development efforts and boost their competitiveness in the rapidly evolving EV market. But the burning question on… Continue reading The Details Behind VW’s $5 Billion Investment in Rivian’s Electric Vehicle Technology
Rimac Switches Gears: From Electric Supercars to Robotaxis, But Can They Compete with Tesla’s FSD?
Rimac, the Croatian electric supercar manufacturer, is making waves in the autonomous vehicle market with its new Verne robotaxi service. Set to launch in 2026, this bold move pits Rimac against industry giants like Tesla. But can Rimac’s innovative approach and strategic partnerships give it an edge in the rapidly evolving world of self-driving technology?