Volkswagen and Rivian have launched a $5.8bn joint venture, sharing critical EV technology amid slowing global demand and ...
Spread the loveThe electric pickup truck market is rapidly evolving, with both established automakers and new players ...
Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
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 ...
The joint venture targets Rivian's existing electrical architecture and software technology stack, enabling the launch of Rivian's R2 model in the first half of 2026, the companies said. Spirit ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
Volkswagen Group plans to invest up to $5.8 billion in Rivian and the joint venture by 2027. The initial $1 billion investment, the form of convertible notes, has already been made.
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Authorities have identified a 24-year-old man killed in a single-vehicle crash Friday morning on the Catalina Highway.