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 ...
VW and Rivian are betting they can help each other with their EV lineups at an increasingly precarious time in the industry.
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
What do a California EV startup and a multinational automotive corporation have in common? If you answered “problems,” you ...
“The [joint venture] is highly complementary, reflecting Rivian’s industry-leading software and electrical hardware ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
Electric vehicle company Rivian has just gotten quite the investment boost from German automaker Volkswagon. The two already ...
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.