Jesse D. Jenkins's avatar

Jesse D. Jenkins

@jessejenkins.bsky.social

Huge news for @Rivian! @VW to invest up to $5 billion in the EV startup, helping fund development of the R2 SUV, while VW gains access to Rivian's software-defined vehicle architecture. www.reuters.com/business/aut...
🔌🚗 🔌💡

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Joe Brulle's avatar Joe Brulle @jcbrul.bsky.social
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I think Rivian is gonna make it. Nothing concrete, just a gut feeling.

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Jesse D. Jenkins's avatar Jesse D. Jenkins @jessejenkins.bsky.social
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This is an important capital infusion for Rivian that helps them cross the Valley of Death to reach scale and positive gross margins. Will we even see further collab on a shared platform for VW's new "rugged" Scout brand of electric SUVs coming soon?

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