234
VW will invest up to $5 billion in Rivian as part of new EV joint venture
(www.theverge.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Jun 2024
234 points (98.0% liked)
Technology
59598 readers
2790 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
Well yeah I don't feel bad for any big company when bad stuff happens to them (well, within reason, I obviously don't want massive layoffs and people left unemployed).
My point isn't to be an apologist for VW, my point is that the others are just as bad, and plenty are even worse, yet they got away with it. They shouldn't have.
Don't worry, I don't think you are. I just think there's a reason they admitted so easily. Probably just another calculated fallout to save all their other brands from their own mini backlash which would ultimately cause more damage.
But yes, the whole industry is a dumpster fire when it comes to regulations and also lobbying.