Volkswagen is considering closer cooperation with the US electric carmaker Rivian.

"For example, we are considering sharing modules and bundling purchasing volumes," VW CEO Oliver Blume told Der Spiegel, according to a preliminary report on Friday. For a small brand like Rivian, the Volkswagen Group offers great opportunities.

Volkswagen established a joint venture with Rivian last year that focuses on software for electric cars. The Wolfsburg-based company hopes that this will lead to a software breakthrough, while Rivian will receive much-needed funding to develop the R2 SUV, which is set to be launched in 2026.

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