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.
Rivian (NASDAQ:RIVN) and Volkswagen (VWAGY) just dropped a bombshell, announcing a $5.8 billion joint venture designed to ...
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
As the leader of the first manufacturer of off-road EVs, RJ Scaringe blazes up and down trails to rev his cardio and clear ...
Volkswagen and Rivian Automotive Inc. (NASDAQ: RIVN) have created a joint venture to help save both. This comes at a time ...
Rivian has what Volkswagen needs: a modern software architecture. That is why the giant is investing billions in the US ...
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...
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