Cubic Telecom’s Post

"Volkswagen's Rivian Partnership: Revolutionizing EV Software Integration" Volkswagen Group's strategic investment of up to $5 billion in Rivian isn't just about bolstering production capabilities—it's a game-changer for advancing software integration in electric vehicles. By forming a joint venture, Volkswagen gains access to Rivian's cutting-edge software solutions, which will be pivotal in enhancing the performance and functionality of its future EV models across brands like AUDI AG and #Porsche. This #collaboration marks a significant step towards overcoming #software challenges that have plagued traditional automakers, positioning Volkswagen at the forefront of innovation in the electric vehicle sector. This #partnership underscores Volkswagen's commitment to integrating advanced technology into its vehicles, aiming to deliver a seamless user experience and innovative features that redefine the automotive landscape. With Rivian's proven track record in developing robust software platforms for electric SUVs and pickups, Volkswagen stands to benefit immensely by accelerating its software capabilities and solidifying its position in the competitive EV market. Together, they are paving the way for smarter, more connected electric vehicles that meet the evolving needs of consumers worldwide. #EVs #ElectricVehicles #Sustainability #Mobility #Rivian #Volkswagen #JointVenture #FutureOfMobility #Innovation #AutomotiveIndustry #GreenTechnology https://lnkd.in/drE9yVdp

In an industry facing scrutiny, Volkswagen's $5 billion investment in Rivian marks a pivotal moment for the electrification of the US auto sector. Wondering about the rationale behind this move? Here's a breakdown:    **Software Collaboration: VW and Rivian aim to enhance software platforms and user experiences through shared resources. **Access to Technology: Leveraging Rivian's EV advancements, including battery systems and autonomous features, propels innovation. **Market Positioning: This investment bolsters Volkswagen's competitive stance in the growing EV market. **Strategic Partnerships: By collaborating, costs are reduced, risks are mitigated, and innovation is accelerated. This strategic alliance highlights Volkswagen's unwavering dedication to electrification and innovation in the automotive landscape. 🚗⚡ #Volkswagen #Rivian #Electrification #Innovation #evcharging PowerFlex

Not exactly new news but I had to comment on it because I think this has big implications for the EV market. Volkswagen Group made a big move by investing an initial $1 billion, which will potentially rise to $5 billion, into Rivian. This looks to be an equally good deal for both parties. This may have been a shock to some people, but credit where credit is due, I remember reading about this potential move quite a while ago in EV inFocus. For VW, this partnership solves many of it's software challenges, providing a big boost to their tech capabilities. For Rivian, it is a big financial boost and enhances its production capacity, which is important as I know they have ambitious goals. Last year, Rivian were looking at a net loss of nearly $1.45 billion, so this finance injection is perfectly timed as they approach breakeven. VW has made a lot of big changes since 'Dieselgate' with some clever partnerships with industry leaders like XPENG, Ford Motor Company, Rivian, and Rimac Technology. I am a big advocate for this smart strategic approach to leverage external expertise. An interesting thought is that the mid-term prospects are exciting, with potential for a distribution partnership, some business are already licking their lips at this. But another interesting angle to look at is the impact on Scout Motors Inc., they could well benefit from existing Rivian developments that could boost innovation and reliability of their products and give them a competitive lift. What are your thoughts on this? VW are pushing to become a major player in the EV market, and it is quite interesting to watch as they rebuild and innovate after some big set backs a few years ago. https://lnkd.in/eumxhuqG #Automotive #ElectricVehicles #AutonomousVehicles #SoftwareDefined #Technology #Innovation #Business

Big investment in the EV world ⚡️ By now, you will have seen the news that VW is set to invest up to $5 billion in Tesla rival Rivian, forming a joint venture that promises to revolutionise the industry. But what exactly does this mean? This collaboration will enable both companies to share technology, accelerating their growth and innovation in the competitive EV market. Rivian shares soared nearly 50% following the announcement, reflecting the market's confidence in this partnership. Initially, VW will invest $1 billion in the electric truck and SUV maker, with another $4 billion to follow by 2026. This strategic move provides VW with immediate access to Rivian’s cutting-edge software, which the German car maker can integrate into its vehicles to enhance their EV offerings. This alone is absolutely massive. This partnership brings numerous benefits to both companies. VW gains access to Rivian’s innovative technology, which can bolster its position in the rapidly evolving EV market. Rivian, on the other hand, benefits from VW's extensive resources and market reach, which can help the start-up scale its operations and accelerate its path to profitability. Moreover, this deal underscores the thriving nature of the EV industry. The continued investment from major players like VW highlights the sector's robust growth potential and the increasing shift towards sustainable transportation solutions. It’s an exciting time as we witness transformative shifts in the automotive industry, driven by strategic collaborations and significant investments. As competition intensifies among EV makers and Western countries impose tariffs on Chinese imports, partnerships like this are crucial for maintaining a competitive edge. VW, facing pressure from rivals like Tesla and China’s BYD, and Rivian, striving to establish its foothold in the market, are both well-positioned to benefit from this alliance. In addition to technological advancements, this joint venture signifies a strong commitment to innovation and sustainability in the automotive sector. It highlights the importance of collaboration in overcoming market challenges and driving forward the EV revolution. #vw #rivian #bbc #electriccars #electricvehicles #evcharging #investment #sustainability #innovation #technology #greenerfuture #netzero

This should be an interesting match up... The "VEE DUB" which is Volkswagen lied to consumers and government regulators in a 10-year long conspiracy regarding approximately 590,000 vehicles in the U.S. equipped with software that falsely reported low carbon emissions in an attempt to cheat U.S. standards.... which is Teaming up with... Rivian where sales are picking up, but heavy losses were likely to continue for some time; So VeeDub steps in to help a FORMER competitor, Rivian, with $5 billion to bring them up to par?? Or possibly get some real algorithms to Enhance vehicle platforms that'll lay a foundation for future cars from both companies?? Some analysts say it is like punching a bit of Nitrous oxide To bring both back into the Vehicle game AND others say the opposite. The RT1 where there is on way out here is the middle of nowhere still cannot put its rating of 11000 pounds very far in REAL WORLD tests (thanks to owner who let the try happen). They are fancy schmancy and LOOK like an actual truck unlike the space stainless rival. It Weighs in on a CAT certified scale at 7148 pounds on a 1500 class chassis (½ton) AND weighs near the exact same as a 2500 class chassis (¾ton) Diesel truck within a few pounds. TOO bad the Thermodynamics are against it. And will one last 20 years...with the same battery?? Maybe VeeDub can use the software that got them into trouble to a repurpose the software to think it will.

Rivian and Volkswagen are dropping a mixtape 🚗💡 Rivian and Volkswagen are joining forces in a $5 billion joint venture. This partnership focuses on software for electric cars. Key highlights: - Volkswagen's Investment: Starting with a $1 billion, with plans to invest up to $4 billion. - Leveraging Expertise: Rivian's electrical architecture and software skills will enhance Volkswagen's transition to a pure zonal architecture (whatever the hell that means). - Launch Timeline: First vehicles featuring this tech are expected in the latter half of the decade, so around the same time as the next #Dune movie. Rivian stock was up about 50% on the news, but ended the week up about 12%. Does this matter at all or will #Tesla inevitably just blow them out of the water? I have no idea! Don't ask me! #Rivian #Volkswagen #EV #Innovation #Sustainability

Massive news for Rivian and Volkswagen Group, with VW investing $5 billion, with $1 billion up-front and $2 billion across 2025 and 2026 (the other $2 billion coming later) https://lnkd.in/gXYZWdcf The biggest value back to Volkswagen is the investment Rivian made in the R1 technology platform that just rolled out on the new R1T and R1S, which consolidated its 17 electronic control units down to just 7 - unheard of in the industry and probably the closest thing to an #SDV available in the market today. Volkswagen and Rivian will establish an equally-owned joint venture to build new EVs together, presumably globally, in the "second half of the decade". So Volkswagen gets access to bleeding-edge vehicle technology (including the Rivian Autonomy Platform) and Rivian gets access to capital and scale - win/win if they can execute together! SBD Automotive

Volkswagen announced an investment of up to $5 billion in the EV maker Rivian, initially having commited to $1 billion. This partnership looks to focus on software development and other tech innovations. This sizeable investment could make them a significant shareholder, suggesting a strong vote of confidence in Rivian's future. Rivian has faced several challenges with scaling production and achieving profitability. An investment like this could be a game-changer by combining Volkswagen's vast manufacturing capabilities and Rivian's EV technology. What impact do you see this having on the overall automotive industry and EV market? #AutomotiveIndustry #Volkswagen #Rivian #ElectricVehicles https://lnkd.in/gxA5q6ED

🚗 Volkswagen is making a bold move in the electric vehicle (EV) market with a $5 billion investment in Rivian 🚗 Rivian are an EV company specialising in SUVs and Utes. This is definitely going to be huge for the Australian EV market, with current limited EV Ute sales in Australia (only 1 out of 21,327 utes sold during February was an electric model). 🔑 Key points: 🔋 This partnership will to enhance Rivian's EV architecture and software, helping it launch more affordable R2 SUVs and planned R3 crossovers by 2026. 🔋 VW is not a big player in the large SUV and pickup segments in the U.S. and it has failed to break through with its crossover electric SUV ID4 🔋 For VW, this move addresses its software challenges and broads its EV portfolio. 🔋 The joint venture is expected to commence in the fourth quarter of 2024. Exciting times ahead for the EV industry and the Australian consumer! Read the full article: https://lnkd.in/eVqYBPQp #EV #SmartCharging #Sustainability #RenewableEnergy #EnergySavings #GreenFuture