Search results for ID.EVERY1
Industry
Rivian, Volkswagen expand technology alliance to AI voice assistant
U.S. electric vehicle maker Rivian has expanded its technology cooperation with Germany\'s Volkswagen Group to include an in-car AI voice assistant. Rivian said it will license parts of its self-developed voice assistant technology to Volkswagen, without disclosing fees, contract terms or models. The entry-level ID.EVERY1, due in 2027, is cited as an initial candidate, though installation is not confirmed. The firms set up joint venture RV Tech in November 2024.
Mobility
Sony-Honda EV project scrapped as \'Team Japan\' stumbles on financial strain
Sony Honda Mobility has halted development and launches of its Afeela 1 and 2 electric vehicles and is reviewing its business direction. The decision comes as Honda faces a worsening environment for its EV business after booking losses tied to investment write-downs. The article also flags Toyota’s push to loosen production standards and expand U.S. investment, Volkswagen’s planned additional investment in Rivian, Google’s move to open Android Automotive OS, and intensifying competition in robotaxis and autonomy.
Industry
Rivian secures additional $1 billion investment from Volkswagen
Volkswagen will invest an additional $1 billion in Rivian after winter testing is completed for the jointly developed electric vehicle ID EVERY1, TechCrunch reported. Of the amount, $75 million will be an equity investment, while $25 million will be provided as equity or convertible notes. Volkswagen has already invested more than $3 billion in Rivian and granted an option to lend an additional $1 billion from October.
