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Volkswagen raises investment in Rivian
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
Volkswagen increases Rivian investment as $5.8 billion EV joint venture officially launches
Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially launches Wednesday. The first Volkswagen models made with Rivian’s technology are expected to launch in 2027.
Volkswagen raises investment in Rivian to $5.8 billion
Nov 12 (Reuters) -
Volkswagen
Group (VOWG_p.DE), opens new tab raised its investment in Rivian (RIVN.O), opens new tab by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric ...
4m
on MSN
Rivian gets big boost from $5.8 billion Volkswagen investment in joint venture
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
28m
Rivian, Volkswagen announce new joint venture, $5.8 billion software, electric vehicle deal
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to ...
23h
Volkswagen recalls over 100k cars due to serious airbag defect: Fix ASAP
The airbag defect could "result in serious injury or death" because this explosive faulty part could send metal fragments ...
1d
Volkswagen lands deal in shaky period for carmaker bonds
The automotive sector has dragged down the performance of the global credit market in recent months on the back of multiple ...
Euronews
4h
Volkswagen announces plans for electric tie-up with Rivian
German car maker
Volkswagen
Group has revealed that it has partnered with US electric vehicle (EV) company Rivian, in a ...
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Rivian
recall
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