Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
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 ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to ...
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
“The [joint venture] is highly complementary, reflecting Rivian’s industry-leading software and electrical hardware ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...