Rivian CEO says too many carmakers are copying Tesla
undefined 23, 2024
Rivian CEO RJ Scaringe discussed a $5 billion joint venture with Volkswagen to co-develop core hardware and software for their vehicles. Rivian will provide a simplified electronics platform, reducing vehicle complexity and update time. Scaringe criticized other carmakers for copying Tesla rather than innovating. The partnership allows Rivian to focus on technology while VW brands can customize their UI. This deal aims to boost EV innovation and align with Rivian's mission to advance compelling electric vehicles.
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