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