Volkswagen’s Rivian Investment Could Signal Big Changes for CARIAD

Volkswagen’s Rivian Investment Could Signal Big Changes for CARIAD

 
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The issues surrounding Volkswagen’s CARIAD software division have been well-documented, and by some reports, led to the ouster of former Volkswagen Group CEO Herbert Diess. The Volkswagen Group’s USD $5 billion investment in EV startup Rivian for its software expertise could signal big changes ahead for its CARIAD division.

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