Currently reading: What is Rivian's software secret that Volkswagen so covets?
German giant recently agreed to invest $5 billion in the troubled American EV start-up, with its code the prize

The Volkswagen Group sold more cars in Poland in just five months this year than Rivian sold globally throughout the whole of 2023.

The American EV start-up lost the equivalent of £1.16 billion in the first quarter, while the German giant made a profit of £3.9bn.

Rivian’s stumbles to create a credible car company have already knocked out one prominent investor in Ford, but that hasn’t stopped Volkswagen agreeing to invest $5 billion.

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