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Volkswagen boosts bet on Rivian's EV tech
Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the US partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
Rivian shares jumps 16% as Volkswagen Boosts Investment in Expanded EV Partnership
Rivian's ( RIVN, Financial) shares soared 16% on Wednesday after the company announced plans to form a deeper partnership with Volkswagen ( VWAGY, Financial ). Volkswagen intends to raise its stake in the joint venture with Rivan and take its total investment up to $5.8 billion from $5 billion.
13h
on MSN
Here’s Why VW Is Now Teaming Up with Rivian
VW and Rivian are betting they can help each other with their EV lineups at an increasingly precarious time in the industry.
The Lima News
12h
Auto review: 2025 Volkswagen ID.Buzz EV is a modern-day homage
The 2025 Volkswagen ID.Buzz is more than an homage to another era. It’s representative of Volkswagen’s American market ...
12h
on MSN
The Buzz at Seattle Auto Show: Test driving VW’s new van, plus more cool EVs not made by Tesla
Volkswagen's "ID. Buzz" electric van at the Lumen Field Event Center during the Seattle International Auto Show on Thursday. ...
Electrek
3d
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
2d
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
Digital Trends
2d
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
The big challenge for Rivian, the
EV
maker known for its innovative electric and software systems, has long been how to ...
11h
on MSN
What Happens If Trump Blows Up The EV Tax Credit
The federal EV tax credit —known as 30D among policy wonks—has been around in one form or another since the George W. Bush ...
autoevolution
1d
Ford Shot Itself in the Foot With Capri and Explorer EV Based on Volkswagen's MEB Platform
Ford's plan to go all-electric in Europe by switching to EVs built on Volkswagen's MEB architecture didn't pan out, and there ...
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