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VW will invest up to $5 billion in Rivian as part of new EV joint venture (www.theverge.com)

submitted 2 months ago by boem@lemmy.world to c/technology@lemmy.world

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[–] TheGrandNagus@lemmy.world 6 points 2 months ago* (last edited 2 months ago) (1 children)

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.

[–] RayJW@sh.itjust.works 2 points 2 months ago

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.