Finance

Volkswagen looking to deepen partnership with U.S. EV maker Rivian, Spiegel reports

Published by Global Banking and Finance Review

Posted on January 17, 2025

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BERLIN (Reuters) - Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, 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."

(Writing by Rachel More, Editing by Miranda Murray)