automotive industrycollaborationelectric vehicle market.electric vehicle startupelectric vehicleselectrical technologyEV makerinnovationinvestmentpartnershipRiviansoftwaresustainable transportationtechnology developmentVolkswagen
1. What is the amount of money Volkswagen is investing in Rivian?
Volkswagen is dropping $5 billion into the struggling EV maker Rivian.
2. What will be the focus of the collaboration between Volkswagen and Rivian?
The collaboration will focus on software and electrical technology for electric vehicles.
3. Why is Volkswagen investing in Rivian?
Volkswagen is investing in Rivian to strengthen its position in the electric vehicle market and benefit from Rivian's expertise in the field.