<ul><li>Rivian and Volkswagen have collaborated to develop the $22,500 ID.EVERY1, VW's most affordable electric car, incorporating high-tech features.</li><li>The partnership aims to bring advanced technology to budget-friendly EVs, with the ID.EVERY1 set for release in Europe by 2027.</li><li>The collaboration involves a joint venture focusing on software and EV technology, enabling cost savings and enhanced user experience through centralized computer control.</li><li>Other competitors in the EV market, like Slate Auto, are also introducing affordable electric vehicles, with varying approaches to tech integration and pricing strategies.</li></ul>

Rivian and VW's new $22,500 car proves cheap EVs don't have to be low-tech, the Tesla rival's software boss says

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