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 reach the next stage of growth. That stage came within reach in June, when the California-based company and Volkswagen announced a joint ...
Volkswagen originally promised a $5 bn deal to collaborate on software and architecture, but announced it was upping its ...
VW's capital to Rivian isn't guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don't ...
The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.
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 ...
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
Volkswagen and Rivian have created a joint venture to help save both. This comes at a time when electric vehicle sales have ...
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...
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Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
Reuters on MSN1d
Volkswagen raises investment in Rivian to $5.8 billionThe companies said in June that VW would invest $5 billion in Rivian - a lifeline for the loss-making EV startup that is ...
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