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 ...
“The [joint venture] is highly complementary, reflecting Rivian’s industry-leading software and electrical hardware ...
Electric vehicle company Rivian has just gotten quite the investment boost from German automaker Volkswagon. The two already ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
The joint venture, first announced in June, will use Rivian's proficiency in simplifying vehicle electronics and VW's capital ...