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Rivian Jumps On Expanded Volkswagen Joint Venture
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.
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
VW launches $5.8bn tie-up with Tesla rival Rivian
Volkswagen
Group (
VW
) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) - up from an initial pledge from
VW
of $5bn.
14h
on MSN
How VW Got A 'Wake-Up Call' That Sparked A Rivian Team-Up
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
8h
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
20h
Rivian And VW Are Going At It Together
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.
17h
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
Electrek
1d
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 ...
16h
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 ...
Cars
1d
Volkswagen Starts Filling in Details on Face-lifted 2025 GTI and Golf R
Volkswagen
is refreshing what many enthusiasts consider its halo cars, the GTI and Golf R hatchbacks, for the 2025 model ...
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