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 · The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles. By Jack Ewing and Melissa Eddy Volkswagen ...
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.
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 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 and Volkswagen Group Announce Plans for Joint - Newsroom - Rivian
Manage Preferences. Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen.
Rivian and VW join up to design vehicle software - CNN
Jun 25, 2024 · Rivian and Volkswagen Group are forming a joint venture to create vehicle software, the two companies announced Tuesday. VW will invest a total of $5 billion into struggling electric vehicle...
Volkswagen Will Invest Up to $5 Billion in Rivian - The New York Times
Jun 25, 2024 · Volkswagen, the German automaker, said on Tuesday that it would invest up to $5 billion in Rivian, a maker of electric trucks that has struggled to turn a profit, and that the companies would...