VW by now has its personal motor vehicle software subsidiary, Cariad, Which organization will continue with its get the job done, VW chief executive Oliver Blume claimed on the meeting call. The new joint venture's function will probably be Besides Cariad's and never instead of it, he stated

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The two automakers did not give a name for The brand new joint venture corporation or name its leadership group. Rivian CEO RJ Scaringe reported during a conference call that it would have two co-leaders, Every single reporting to on the list of automakers.

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