VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader ...
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 ...
The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to ...
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
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Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Volkswagen and Rivian have created a joint venture to help save both. This comes at a time when electric vehicle sales have ...
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...