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Explainer: What's behind Volkswagen's USD 5 billion EV software bet on Rivian?

By Economic Times - 7 days ago
The tie-up is the latest in a string of deals by Volkswagen Chief Executive Oliver Blume, who took over in September 2022 after the ousting of Herbert Diess. Shifting from combustion engine to electric cars requires expertise in areas where historically Volkswagen has little experience, from charging to batteries to software.

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