BERLIN – Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian Automotive (NASDAQ: RIVN), the German company’s CEO told Spiegel magazine in comments published on Friday.
“For example, we are thinking about sharing modules and bundling purchasing volumes,” Oliver Blume said. “The Volkswagen Group offers great opportunities for a small brand like Rivian.”
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Jennifer Tacker is a staff writer at ABBO News. She holds a B.A. from the University of Waterloo and a B.Ed from Western University. Jennifer has been active in the stock market and crypto sector for a decade. She specializes in technical analysis and trading strategies. Read Full Bio