Volkswagen Group has partnered with Rivian in a $5.8bn deal to integrate Rivian's technology into its vehicles, providing Rivian with funding ahead of its R2 model launch in 2025. This collaboration aims to strengthen both companies' positions in the competitive EV market, particularly against rising Chinese competition. Both companies are facing challenges such as declining sales and increased costs, prompting cost-cutting measures. Teljes cikk (Euronews.com)