VW's Budget EV, ID. EVERY1, to Launch with Rivian Software

Volkswagen unveiled the ID. EVERY1, an ultra-cheap electric vehicle set to launch in 2027 with a starting price of €20,000. Significantly, the ID. EVERY1 will be the first VW vehicle to utilize Rivian's software and architecture, a result of a $5.8 billion joint venture between the two companies. This collaboration aims to reduce development costs and enhance VW's competitiveness in the EV market, while providing Rivian with crucial funding and business diversification. The ID. EVERY1 represents VW's push into a wider market segment, with a goal of becoming the world's leading high-volume electric vehicle manufacturer by 2030.