Reported 9 months ago
In a secretive move, camouflaged Audis were sent from Germany to Rivian's California facility leading to a $5 billion investment from Volkswagen. The partnership, aimed at integrating Rivian's advanced EV technology into Audi parent Volkswagen's future electric vehicles, was kept under wraps until the recent announcement. The deal is crucial for Rivian's financial stability and expansion as well as for Volkswagen's foray into low-cost, high-performance EV technology.
Source: YAHOO