arstechnica ,
@arstechnica@mastodon.social avatar

VW invests $5B into Rivian, signaling deep tech ties and collaborations

Rivian gets a third major partner, and new cars arrive later this decade.

https://arstechnica.com/cars/2024/06/vw-invests-5b-into-rivian-signaling-deep-tech-ties-and-collaborations/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

iluvmel ,
@iluvmel@mastodon.social avatar

@arstechnica
The VW group is lacking in software-defined vehicles. Even this joint venture will take more than five years of development. They need more software architects and developers. It won't be ready until 2030.

TheRealPomax ,
@TheRealPomax@mastodon.social avatar

@arstechnica journalistic correction: "Volkswagen Group", not "Volkswagen".

And yeah, that matters a lot: it's a bit like saying Audi or Porche or even Lamborghini invested those 5bn instead: those are also owned by VWG.

(Or saying that "Facebook" is investing in something when it's actually Meta doing the investing)

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