Rivian Will (Literally) Be The Brains Behind Volkswagen Group's Future EVs
In a recent interview with Yahoo! Finance, Rivian Chief Software Engineer Wassym Bensaid revealed that the EV startup will be providing the underlying tech stack for all future EVs from the Volkswagen Group. The partnership between the two companies was first announced last year, when the German auto conglomerate agreed to invest $5 billion into their much smaller American friend in exchange for its software and electrics knowhow. That eventually lead to the two creating a joint venture together to allow the free flow of intellectual property while keeping the actual brands separate.
Bensaid said that Rivian's upcoming R2 SUV would be the technological foundation for the VW Group's future offerings "in a way where we will still allow each of the brands to express their own identity." In other words, Audi's future tech platform might be different from Bentley's or Lamborghini's, but they would all be building off of the same electric guts as the R2.
This is probably welcome news for the German giant, as the woes of their own internal tech division, Cariad, have lead to delays from Porsche and Audi. That has in turn lead to layoffs in the division itself. Basically, Volkswagen and its brands have decades of mechanical engineering experience, but comparatively little in software engineering. And it turns out their electrical engineers are in for a bit of a wake up call as well.
Read more: These Are The Best Engines Of All Time, According To You
Obviously, it would be nice to get a car with a fast and bug-free infotainment system. But Rivian is offering quite a bit more than a refreshed touchscreen UI. Starting with the 2025 models of the R1T and R1S, the American startup switched to a zonal architecture for its electrics, which allowed it to remove a truly jaw-dropping 1.6 miles of wires from every single car (which in turn saved it 44 pounds in weight).
First developed by Tesla, zonal architecture essentially switches the electrical design of the car from being super centralized, with every electric part reporting back to a central processor, to a decentralized one with regional hubs (zones) that the electrics in that area report to (which then themselves report back to the central hub). That makes for a vastly more efficient management of car performance, reducing the total ECUs needed from 17 to seven. This revolution in electrical engineering is sometimes called software-designed vehicles (SDV), since the physical wiring is only engineered after the software team figures out what would be the best way to run the car.
For all its carmaking prowess, this newfangled method of electrical engineering is not something VW knows how to do right now. Little Rivian, more tech-focused and starting essentially from scratch, was able to pivot their entire production to zonal architecture. What Rivian didn't have was, of course, money, since it still can't make any. So selling their tech stack IP to VW for $5 billion was a pretty good move for both parties.
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Miami Herald
2 hours ago
- Miami Herald
Ford's Wild Ride: Booming Sales While Recalls Mount to Record Highs
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Despite cutting sedans from the lineup, Ford continues to offer mass appeal with vehicles that put capability and practicality at the forefront. As a result, the American automaker's sales were fairly solid in May, with a 16.3% year-over-year increase to 220,959 vehicles sold. In the first five months of the year, Ford's sales are up 6.1% compared to the first five months of 2024. The Ford F-150 continued to be America's best-selling truck for the 48th consecutive year. On the smaller side, the Ranger is the world's second-best-selling midsize pickup, and the Maverick continues to dominate the compact truck segment in the United States. May also proved to be the Expedition's best sales month in two decades, with 11,298 units sold. Tariffs have threatened to increase vehicle prices in the United States, with a proposed 25% tariff on imported vehicles and parts. Ford has also continuously promoted its made-in-America marketing campaign, noting that it's the most American automotive manufacturer. 80% of all Ford vehicles sold in the United States are built here as well. The American automaker has also offered an employee pricing incentive to consumers since early April, further bolstering sales. While Ford's sales have been solid in the first half of the year (so far), that doesn't mean that trend will continue through the second half. Tariffs, recalls, and the end of the employee pricing incentive could put a damper on those sales numbers. Ford's reputation for recalls is still going strong in 2025. The American automaker has been on fire with recalls over the past few months alone. According to data from CarEdge, Ford has issued 51 recalls in the first five months of the year, with over 1.8 million vehicles affected. 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Yahoo
3 hours ago
- Yahoo
Is QBE Insurance Group Limited's (ASX:QBE) Latest Stock Performance Being Led By Its Strong Fundamentals?
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We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


CNBC
4 hours ago
- CNBC
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