Volkswagen Looks to Strengthen Partnership with Rivian
Volkswagen and Rivian are taking their collaboration to the next level. In an interview with Spiegel magazine, VW CEO Oliver Blume revealed that the two companies are exploring ways to strengthen their partnership. This could include sharing components and combining purchasing efforts to cut costs. “The Volkswagen Group offers great opportunities for a small brand like Rivian,” Blume said. The market reacted positively to the news, with Rivian’s stock climbing over 3% in premarket trading. This move builds on the joint venture…