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 ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
That stage came within reach in June, when the California-based company and Volkswagen announced a joint venture involving a ...
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
VW Group and Rivian form technology joint venture focused on electrical architecture and software development.
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...