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 ...
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian’s software and electrical ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
Rivian and Volkswagen Group Technologies is funded by €5.8 billion worth of investment. Volkswagen and Rivian cement new ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
Rivian and Volkswagen made their joint venture official, with the German carmaker pledging a $5.8 investment in Rivian and 75 ...
Bensaid said Rivian sees the venture as a way to boost cost savings by leveraging the scale economies enjoyed by its larger partner, and thereby improve its own vehicle margins. VW’s new Scout ...
Volkswagen's direct-to-consumer strategy faces legal opposition, complicating growth. See why VWAGY stock remains a buy ...