Rivian has a huge interest in being the outsourcer for legacy automakers. They’re not able to sell $100k cars enough and even with the promised R2, they probably will only be a small-ish player in the EV market. Their CEO recognizes how crazy good Chinese EVs are and currently they’re not even a competitor for Tesla.
But, VW is willing to pay $5B for their software platform. I think they want to extend that to being able to sell custom chips and “AI” capabilities, whatever that means.
But, VW is willing to pay $5B for their software platform. I think they want to extend that to being able to sell custom chips and “AI” capabilities, whatever that means.