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Volkswagen’s cheapest EV ever is the first to use Rivian software
Volkswagen unveiled the ID EVERY1, its cheapest EV priced at €20,000, set for production in 2027, utilizing Rivian software via a $5.8 billion joint venture. A second model, ID.2all, priced at €25,000, will launch in 2026. This collaboration allows VW access to advanced software and architecture, aiming to produce competitive entry-level electric vehicles for the European market.
Key points
- ID EVERY1 is Volkswagen's cheapest EV at €20,000, targeting the European market.
- The vehicle features software and architecture from Rivian, as part of a $5.8 billion joint venture.
- ID EVERY1 to begin production in 2027, with a top speed of 130 km/h and a range of at least 250 km.
- ID.2all, another model, will launch in 2026 at €25,000 utilizing VW's own software.
- Joint venture reduces development costs and accelerates technology scaling for both companies.
Why it matters
- The rise of affordable EVs is crucial as the automotive industry aims for widespread electrification by 2025.
- Volkswagen's move reflects a broader trend in the automotive sector to collaborate on technology, as seen with alliances among various manufacturers.
- Rivian's partnership signifies its growth potential and diversification, paralleling trends of financial partnerships among tech and automotive industries.
The VW ID EVERY1 represents a significant step towards affordable electric mobility, highlighting a major collaboration with Rivian to enhance technological capabilities in competitive EV markets.