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Volkswagen raises investment in Rivian
Volkswagen increases Rivian investment as $5.8 billion EV joint venture officially launches
Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially launches Wednesday. The first Volkswagen models made with Rivian’s technology are expected to launch in 2027.
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
Volkswagen raises investment in Rivian to $5.8 billion
Nov 12 (Reuters) -
Volkswagen
Group (VOWG_p.DE), opens new tab raised its investment in Rivian (RIVN.O), opens new tab by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric ...
Yahoo Finance
8m
Rivian Soars Over 17% On Volkswagen's Team Up: A $5.8B EV Power Move
Rivian (NASDAQ:RIVN) and
Volkswagen
(VWAGY) just dropped a bombshell, announcing a $5.8 billion joint venture designed to ...
23h
Volkswagen recalls over 100k cars due to serious airbag defect: Fix ASAP
The airbag defect could "result in serious injury or death" because this explosive faulty part could send metal fragments ...
Green Car Reports
1h
Volkswagen's stake in Rivian grows to $5.8B, joint venture now formed
VW's taking a larger stake in Rivian, now up to $5.8 billion Rivian and VW's joint venture has formally been created The ...
Cars
19h
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 ...
heise online
15h
Volkswagen and Rivian establish joint venture
Rivian has what
Volkswagen
needs: a modern software architecture. That is why the giant is investing billions in the US ...
Euronews
3h
Volkswagen announces plans for electric tie-up with Rivian
German car maker
Volkswagen
Group has revealed that it has partnered with US electric vehicle (EV) company Rivian, in a ...
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Rivian
recall
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