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Volkswagen increases Rivian investment
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader aspirations than initially announced for the operations. VW's capital to Rivian isn't guaranteed,
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 ...
Digital Trends
2h
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
The big challenge for
Rivian
, the EV maker known for its innovative electric and software systems, has long been how to ...
5h
Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
5h
on MSN
Rivian Appears Ready to Solve Its Biggest Problem. Is the Stock a Buy?
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
heise online
15h
Volkswagen and Rivian establish joint venture
Rivian
has what Volkswagen needs: a modern software architecture. That is why the giant is investing billions in the US ...
5h
on MSN
Inside VW and Rivian’s Big Bet to Rescue Each Other
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
24/7 Wall St
9h
Rivian and VW Try to Save Each Other
Volkswagen and
Rivian
Automotive Inc. (NASDAQ: RIVN) have created a joint venture to help save both. This comes at a time ...
BBC
12h
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 ...
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