It will be interesting to see how this all plays out. Aren't the new (VW) "Scout" brand models a pretty direct competitor to Rivian's (current) offerings?<p><a href="https://www.scoutmotors.com/" rel="nofollow">https://www.scoutmotors.com/</a>
This is a smart play. It’s the only way Volkswagen doesn’t die competing against Tesla and BYD considering it’s current state. Cheaper to buy in than transform yourself in the short term.