"Volkswagen AG and Rivian Automotive Inc. have ambitions of selling the electric vehicle technology they're developing together to other carmakers in the future. The two companies' joint venture, known as RV Tech, said it has made solid progress on delivering the EV electrical and software platform that Volkswagen needs to compete with Tesla and Chinese rivals. The JV is focused on delivering models for Rivian and VW but is keeping communication open with third parties about the scalability of its platforms."
"We're solving a problem for the larger automotive industry, Wassym Bensaid, Rivian's software chief and RV Tech co-chair, told journalists at an event in Palo Alto, California, on Wednesday. That could become an opportunity for others as well, he said. The platform is designed to be scalable across vehicle sizes and segments in Western markets. The earning potential from licensing the technology is a very different ballgame, Bensaid said, and a very different margin profile from a business standpoint than making cars."
RV Tech, a joint venture formed by Volkswagen and Rivian, combines software developers and engineers from both companies to create a scalable EV electrical and software platform. The platform aims to serve Rivian and Volkswagen models while remaining open to third parties about scalability and licensing possibilities. RV Tech plans winter testing on Audi, VW and Scout models beginning in the first quarter of 2026. Volkswagen is investing up to $5.8 billion in the alliance. Volkswagen faces US tariffs, shrinking deliveries in China and muted European demand and is seeking Rivian's software and EV capabilities to bolster competitiveness.
Read at www.mercurynews.com
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