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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 ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
“The [joint venture] is highly complementary, reflecting Rivian’s industry-leading software and electrical hardware ...
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
Volkswagen and US electric car maker Rivian have entered into a transaction agreement, officially creating their joint ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Electric vehicle startup Rivian and German automobile giant Volkswagen finalized their joint venture Tuesday, a $5.8 billion deal that could prove transformational for both automakers.