Published by Global Banking & Finance Review®
Posted on March 27, 2026
1 min readLast updated: March 27, 2026
Add as preferred source on GoogleVolkswagen’s software tie‑up with Rivian—a linchpin of CEO Oliver Blume’s turnaround plan—has hit a key milestone: winter testing of the first vehicles using the joint software completed successfully, unlocking the next tranche of funding.
BERLIN, March 27 (Reuters) - Volkswagen's software partnership with Rivian, a cornerstone of CEO Oliver Blume's turnaround strategy for the German auto group, has passed a key milestone, bringing the U.S. partner closer to its next tranche of funding.
Winter tests of the first vehicles using the software have been successfully completed, Volkswagen said on Friday.
(Reporting by Rachel More and Christina AmannEditing by Ludwig Burger)
Volkswagen and Rivian successfully completed winter tests of their first vehicles using the new software.
The partnership is central to CEO Oliver Blume’s turnaround strategy for Volkswagen.
The cleared hurdle brings Rivian closer to securing its next tranche of funding.
The progress was reported by Volkswagen, with coverage by Rachel More and Christina Amann.
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