The Rivian-Volkswagen joint venture deal is now up to $5.8B
1 day ago · Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen Group has already made an initial investment of $1 billion in the form ...
VW and Rivian officially kick off $5.8 billion joint venture, …
1 day ago · 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 electrical architecture and vehicle software for future models ...
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
1 day ago · Nov. 12, 2024, 4:11 p.m. ET. Volkswagen, the German automaker, and Rivian, a California-based maker of electric pickups and S.U.V.s, said on Tuesday they would form a joint venture to develop ...
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
2 days ago · RJ Scaringe, Founder and CEO of Rivian, said: “Today’s finalization of our joint venture with Volkswagen Group marks an important step forward in helping transition the world to electric ...
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars ...
1 day ago · The companies said the deal is now up to $5.8 billion – up from $5 billion – with the first VW models to use Rivian’s software and electrical architecture arriving as early as 2027.
Volkswagen Boosts Bet on Rivian’s EV Technology by $800 Million
1 day ago · The two companies agreed in June to develop battery-powered vehicles together, with VW expected to invest as much as $5 billion into Rivian. On Tuesday, VW boosted its investment plans by another ...
Rivian, Volkswagen Group launch $5.8 billion joint venture
1 day ago · Nov 12 (Reuters) - Rivian (RIVN.O) and Volkswagen Group (VOWG_p.DE) launched on Tuesday the joint venture they had announced in June, valued at $5.8 billion, to share software and electric vehicle ...
Volkswagen raises Rivian stake by 16% to $5.8 billion - Yahoo …
1 day ago · RIVN. (Reuters) - Rivian and Volkswagen Group launched on Tuesday the joint venture they had announced in June, valued at $5.8 billion, to share software and electric vehicle architecture. The ...
Volkswagen's $5 bln investment in Rivian boosts EV maker's shares
SAN FRANCISCO, June 25 (Reuters) - German automaker Volkswagen Group (VOWG_p.DE) will invest up to $5 billion in U.S. electric-vehicle maker Rivian (RIVN.O) as part of a new, equally controlled...
Rivian and Volkswagen Group Announce Plans for Joint - Newsroom - Rivian
Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen.