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 ...
And now that venture is officially kicking off with an additional $800 million of investment from VW and a near-term goal: ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
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The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
Volkswagen and Rivian have created a joint venture to help save both. This comes at a time when electric vehicle sales have ...
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...