Volkswagen and Rivian Partnership

Volkswagen and Rivian have partnered to bring Rivian's EV software expertise to VW's product lineup. The $5 billion deal provides financial stability to Rivian, aiding its development of the R2 vehicle. VW benefits from Rivian's software prowess and aims to enhance its competitiveness in the EV market.

Apple's Abandoned Self-Driving Electric Vehicle Project

Apple's secret project to develop a self-driving electric vehicle has been abandoned after a decade of work with little return on investment. The project involved around two thousand people and was part of the company's attempt to diversify beyond the iPhone. Other car manufacturers like Tesla and Rivian have also faced challenges in the EV market.