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Volkswagen to Invest $5.8 Billion in EV Startup Rivian
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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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.
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle architecture and software.
Hosted on MSN
1d
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
Rivian Automotive and
Volkswagen
Group said the size of their joint venture has increased to up to $5.8 billion. The ...
1d
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
20h
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
1d
on MSN
How VW Got A 'Wake-Up Call' That Sparked A Rivian Team-Up
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
Electrek
1d
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
1d
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
Cars
1d
Volkswagen Starts Filling in Details on Face-lifted 2025 GTI and Golf R
Volkswagen is refreshing what many enthusiasts consider its halo cars, the GTI and Golf R hatchbacks, for the 2025 model year ...
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