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VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
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 electrical architecture and vehicle software for future models, including subcompact cars, with the first planned for 2027. The investment size has now increased to $5.8 billion.
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.
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
VW and Rivian Announce $5.8 Billion Joint Venture
Volkswagen and Rivian have officially announced a joint venture, “Rivian and VW Group Technology, LLC,” that will kick off on November 13th. The collaboration, which will be led by Rivian software chief Wassym Bensaid and VW Group chief technology engineer Carsten Helbing,
2d
on MSN
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 ...
21m
on MSN
VW Offers Electric Tractors With Swappable Batteries As Rentals In Africa
A number of fully electric tractors, supplied by VW Group Innovation Center Europe, will serve as “reliable, sustainable and ...
9h
The 2025 VW Jetta: An adept and enjoyable compact for those who love to drive
The 2025 Volkswagen Jetta delivers European refinement and handling at an affordable price. Improvements make it even better ...
1d
on MSN
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
17h
on MSN
The Buzz at Seattle Auto Show: Test driving VW’s new van, plus more cool EVs not made by Tesla
As I pulled away from the Seattle International Auto Show on Thursday during a test drive of the highly anticipated ...
16h
2025 VW ID. Buzz Is So Fun It Distracts You From The Range
VW's ID. Buzz, an all-electric version of its iconic Bus, has a lot going for it. The styling, tech, and power are all excellent; only the range is lacking.
autoevolution
12h
2025 VW Tiguan Finally Coming to America, New Crossover Teased for LA Auto Show
America's new-gen Tiguan is the same car as Europe's Tayron and Volkswagen will present it at the 2024 Los Angeles Auto Show ...
7d
VW recalls 115K cars due to ‘exploding’ airbags. If you have one of these vehicles, bring it to your dealer ASAP
Volkswagen is recalling nearly 115,000 cars due to a dangerous airbag defect. The models affected include certain 2017-2019 ...
1d
on MSN
VW Spruces Up ID.Buzz Cargo With Factory Bodykit And Fake Windows
VW spices up the looks of the ID.Buzz Cargo with a bunch of optional accessories. Options include a bodykit, 20-inch wheels, ...
2d
Rivian And VW Are Going At It Together
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.
Digital Trends
2d
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to reach ...
blogs.driving.ca
3d
VW confirms 2025 Golf GTI makes 241 hp in North America
VW
confirmed today the GTI will make 241 horsepower in our market, down from the 262 ponies that European customers enjoy, ...
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