Rivian and Volkswagen finalize joint venture worth up to $5.8B
Electric vehicle startup Rivian and German automobile giant Volkswagen have finalized their joint venture. Here's a deeper look at the new partnership.
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the US partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
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 create a new technology company.
Volkswagen expands joint venture with Rivian on electric vehicles
Volkswagen’s new commitment to their deal with Rivian is a hit on Wall Street. Rivian stocks jumped Wednesday afternoon after their announced an expansion of their partnership with Volkswagen. VW is investing in their attempts to build EVs in Georgia.
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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VW launches $5.8bn tie-up with Tesla rival Rivian
The two companies say the deal is now worth $5.8bn (£4.55bn) - up from an initial pledge from VW of $5bn. Shares in the US electric vehicle (EV) maker jumped more than 9% in after-hours trading following the announcement.
VW And Rivian Team Up To Develop EV Tech for 2027 Launch
Volkswagen originally promised a $5 bn deal to collaborate on software and architecture, but announced it was upping its stake this week
VW ups investment with Rivian to $5.8B, forms technology joint venture
VW Group and Rivian form technology joint venture focused on electrical architecture and software development.
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.Embattled German car manufacturer Volkswagen has launched a joint venture with US electric vehicle manufacturer Rivian.
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VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
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