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 new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
Volkswagen Group plans to invest up to $5.8 billion in Rivian and the joint venture by 2027. The initial $1 billion investment, the form of convertible notes, has already been made.
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Volkswagen AG and Rivian Automotive Inc. named leaders for their multibillion-dollar joint venture and showcased a prototype ...
The companies said the deal is now up to $5.8 billion – up from $5 billion – with the first VW models to use Rivian's ...
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the ...
A revised exterior, hard buttons on the steering wheel, more power for the Golf R, and 12.9-inch touchscreen infotainment are ...
The United States is pursuing an inquiry into Russian clients that UBS took on when it bought Credit Suisse, three people ...
Rivian Automotive (NASDAQ:RIVN) and Volkswagen Group (OTCPK:VLKAF) (OTCPK:VWAGY) formally announced their transaction ...