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Rivian, Volkswagen
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Rivian And VW's $5.8B Joint Venture Will Power A Lot, Including 'Subcompact Cars'
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's CTO. They'll serve as co-CEOs. It'll be based in Palo Alto, California, to start. Three more sites are in development North America and Europe, the companies said on Tuesday.
1d
on MSN
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader ...
1d
on MSN
Inside VW and Rivian’s $5.8 Billion Bet to Rescue Each Other
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
Benzinga.com
5h
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Rivian
's R2 model, slated for production in the first half of 2026, will be the first vehicle to utilize this platform, ...
1d
on MSN
How VW Got A 'Wake-Up Call' That Sparked A Rivian Team-Up
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
10h
Rivian stock price forecast: here’s why RIVN could surge 125%
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
1d
Rivian And VW Are Going At It Together
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1d
Rivian and VW Try to Save Each Other
Volkswagen and Rivian have created a joint venture to help save both. This comes at a time when electric vehicle sales have ...
1d
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
Reuters on MSN
1d
Volkswagen raises investment in Rivian to $5.8 billion
The companies said in June that
VW
would invest $5 billion in
Rivian
- a lifeline for the loss-making EV startup that is ...
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