The architecture being developed as part of the deal is expected to significantly reduce the complexity of vehicle electronics, positioning it to possibly become a preferred platform.

This is why various kinds of partnerships – like joint ventures – are becoming so popular in the industry. Back in November, Volkswagen invested nearly $6 billion in Rivian to gain access to the startup automaker’s software and electrical systems,

A joint venture between U.S. electric pickup and SUV maker Rivian and Volkswagen is in talks with other automakers about supplying their software and electrical architecture, a senior Rivian executive said on Thursday.

Rivian (NASDAQ:RIVN) and Volkswagen (ETR:VOWG_p) are expanding their joint venture by exploring partnerships with other automakers to supply advanced software and electrical architecture. This collaboration,

Rivian (RIVN) already has several automakers reaching out about potential supply deals for software and other EV tech. According