'VW and Rivian could significantly expand partnership' - Handelsblatt
Portfolio Pulse from Benzinga Newsdesk
Volkswagen (VW) and Rivian are in discussions to significantly expand their partnership, potentially collaborating on hardware and production. The head of Volkswagen's US electric car brand, Scout, is optimistic about the cooperation.
July 02, 2024 | 5:32 pm
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POSITIVE IMPACT
Rivian is in discussions with Volkswagen to expand their partnership, which could include collaboration on hardware and production. This could enhance Rivian's production capabilities and market reach.
The potential expansion of the partnership with Volkswagen could provide Rivian with significant resources and expertise in hardware and production, likely boosting its production capabilities and market reach.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Volkswagen is in discussions with Rivian to expand their partnership, potentially collaborating on hardware and production. This could strengthen Volkswagen's position in the electric vehicle market.
Expanding the partnership with Rivian could provide Volkswagen with additional innovative capabilities and strengthen its position in the competitive electric vehicle market.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100