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VW’s cheapest EV will have Rivian DNA and who is bidding for Canoo’s assets | TechCrunch

Mar 06, 2025 - techcrunch.com
TechCrunch Mobility is covering the SXSW conference in Austin, where transportation news is expected, including interviews with Rivian CEO RJ Scaringe and panels featuring executives from Autodesk, GM, Dolby, Google, Wing, Walmart, and others. The article also discusses the impact of tariffs enacted by the Trump administration on the automotive industry, specifically the delay of tariffs on automobile imports from Canada and Mexico and the expectation for GM, Ford, and Stellantis to move operations to the U.S. by April 2.

In other news, Volkswagen's new affordable EV, the ID EVERY1, will feature Rivian's software and architecture, with production starting in 2027. Didi is seeking funds for its autonomous vehicle unit, and BYD raised $5.6 billion in a share sale. Notable deals include AiDEN Auto's $4.2 million seed funding and CaPow's $15 million Series A round. The article also highlights developments in autonomous vehicles, electric vehicles, and ride-hailing, including Waymo's robotaxi service in Austin and Tesla's application for a transportation service permit in California.

Key takeaways:

  • TechCrunch Mobility team is attending SXSW with panels on transportation topics, including interviews with industry leaders like Rivian CEO RJ Scaringe and discussions on the future of drone delivery.
  • Volkswagen's new affordable EV, the ID EVERY1, will feature software and architecture from Rivian, marking a significant collaboration between the two companies.
  • Didi is seeking additional funding for its autonomous vehicle technology unit, aiming for a valuation of $5 billion, while BYD raised $5.6 billion in a primary share sale.
  • Waymo's robotaxi service is now available on the Uber app in Austin, and the company is logging over 200,000 paid robotaxi rides weekly, doubling its rides in less than a year.
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