VW relies on Rivian: This is how the car giant wants to solve the software problems!

VW relies on Rivian: This is how the car giant wants to solve the software problems!

Wolfsburg, Deutschland - The partnership between Volkswagen and Rivian takes on further forms. Volkswagen has decided to increase his participation in the US electric car maker Rivian in order to solve urgently needed software problems. On Monday, a second investment round of $ 1 billion is due, which corresponds to around 850 million euros. The Farang reports that Volkswagen now holds 8.6 percent of Rivian and plans to invest up to $ 5.8 billion in the project.

Already last year $ 1 billion went into the first shares. VW thus secures an important position at Rivian - also with regard to the challenges in their own software development. Further payments are also planned that are linked to the achievement of certain technical milestones. The automotive giant has always struggled with difficulties in its own software development in recent years, which led to delays in the market launch of new models.

together strong in software development

The cooperation not only aims at increasing the shares, but also on the establishment of a joint venture. In this joint venture called Rivian Volkswagen Technologies, which is scheduled to start in 2024, technology and software for e-cars are being developed. VW is convinced that the partnership with Rivian can help save costs in software development, such as Tageschau.de This would have come at the right time in view of the repeated problems of the Volkswagen subsidiary Cariad.

"We are focusing on close cooperation with Rivian to find faster in software technology," said VW spokesman. Rivian's approach to divide the auto electronics into several zones with their own computers is considered innovative. As a result, the number of tax units required in the second generation of the Rivian platform could be reduced from 17 to 7.

future vehicle models in view

The first model that will benefit from this partnership is the Elektro-Kleinwagen ID.1, which is planned for 2027. This is to be produced in the Portuguese VW plant in Palmela and is expected to strive for a price level of 20,000 euros. According to ID.1, there is a group-wide introduction of Rivian technologies on the agenda, starting with Audi and later also Porsche.

Currently Rivian is in an exciting phase. Despite a last loss of $ 541 million in the last quarter, which previously represents an improvement to the $ 1.445 billion losses, the company is optimistic about the future. The company's share price recently increased by 42 percent - a sign of the market that this cooperation is well received.

Overall, it can be seen that VW and Rivian enter into a promising strategic combination that not only covers the in-house software requirement, but could also set new standards in the development of electric cars. Volkswagen Group emphasizes that the investments are also necessary to advance the implementation of the next projects and to secure competitiveness in the electric car industry.