Volkswagen increases Rivian investment as $5.8 billion EV joint venture officially launches
Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially launches Wednesday. The first Volkswagen models made with Rivian’s technology are expected to launch in 2027.
VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
Since it went public back in 2021, Rivian Automotive (NASDAQ: RIVN) has done a good job of selling its electric vehicle ...
The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to ...
By leveraging Rivian’s electric vehicle software expertise and Volkswagen’s extensive experience in vehicle platforms and ...
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
competition from Chinese EV makers and a slower-than-expected move away from petrol and diesel vehicles. Separately, ...
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