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Rivian Jumps On Expanded Volkswagen Joint Venture
Germany's VW and Rivian launch joint electric car venture
The German automotive giant said that it was committing to a $5.8 billion investment to boost its transition to electric vehicles in cooperation with US EV-maker Rivian.
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of Rivian’s R2 model in the first half of 2026, the companies said.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
3d
on MSN
Germany's Volkswagen crisis: an ode to nostalgia
Germany's car manufacturer and long-time economic powerhouse Volkswagen has shaped the lives and memories of generations of ...
8d
on MSN
Volkswagen’s $4.3 billion cost-cutting plan threatens German legacy
Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...
13d
on MSN
Germany economy panic as Volkswagen sends 'urgent' warning amid 64% profits slump
Volkswagen is arguably Germany's most famous brand, and an enduring symbol of its post-war economic dominance.
5d
on MSN
Germany’s normally stable government has collapsed. Here’s why
Germany’s governing coalition has collapsed after disagreements over the country’s weak economy led Chancellor Olaf Scholz to ...
7d
on MSN
Parts supplier cuts thousands of jobs as Germany's auto woes deepen
Auto parts supplier Schaeffler plans to reduce its workforce and close two locations, just days after union officials warned ...
The Associated Press - Business News on MSN
13d
Volkswagen says cost cuts are urgently needed as its earnings decline sharply
Copyright 2024 The Associated Press. All Rights Reserved. A
Volkswagen
logo of a car dealer is pictured in Neu-Anspach near ...
The Economist
12d
Volkswagen’s woes illustrate Germany’s creeping deindustrialisation
T he spectre of deindustrialisation has long haunted Germany. Russia’s full-scale invasion of Ukraine in 2022 caused energy ...
AOL
1d
Analysis-As its industry struggles, Germany services sector offers untapped growth potential
The German economy, once described as Europe's growth engine, has underperformed euro zone peers since 2018 and faces further ...
CNN on MSN
13d
Europe’s biggest economy is in crisis. Just look at Volkswagen
Germany narrowly escaped a recession in the third quarter, official data showed Wednesday, offering some relief to Europe’s ...
The Associated Press - Business News on MSN
5d
Germany’s economy is in trouble. The government’s collapse and Trump’s return bring more risk
The collapse of Germany’s governing coalition and President-elect Donald Trump’s imminent return to the White House are ...
Hosted on MSN
2d
Tesla Loses Top Spot to Volkswagen and BMW in Germany’s EV Market
In 2024,
Germany
's electric vehicle (EV) market has seen significant shifts among leading automakers.
Volkswagen
and BMW ...
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