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Rivian, VW and Volkswagen Group
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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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
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
ConsumerAffairs
11d
Volkswagen hits speed bumps in its race to an all-electric future
It wasn't long ago that Volkswagen, the world's second largest automaker, had weathered the Dieselgate scandal and jumped ...
blogs.driving.ca
13h
Hyundai, Kia, VW to unveil all-new models at 2024 L.A. Auto Show
Hyundai will take the wraps off the Ioniq 9, an all-electric three-row model that will likely share some of its components ...
Electrek
2d
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
1d
Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from ...
NBC Washington
3d
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
is "Rivian and
VW
Group Technology, LLC." The deal was initially announced in June, and came as Rivian attempted to raise ...
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