Volkswagen Group has increased its planned investment in an announced joint venture with electric vehicle maker Rivian ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create "cutting edge" EV technology. Rivian (RIVN) and the German-based car maker ...
Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...
Volkswagen is facing some financial problems at the moment because of its push to develop EVs. This is why it should prove a warning to its rivals.
Volkswagen Group plans to invest up to $5.8 billion in Rivian and the joint venture by 2027. The initial $1 billion investment, the form of convertible notes, has already been made.
Electric vehicle startup Rivian and German automobile giant Volkswagen finalized their joint venture Tuesday, a $5.8 billion deal that could prove transformational for both automakers.
Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the ...
While investors await the much-hyped 2026 debut of the R2, there's another big catalyst currently in danger for Rivian.
Rivian and Volkswagen Group provided more details about their $5.8 billion joint venture aimed at supercharging the next wave ...