Volkswagen appoints former Rivian executive
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
VW and Rivian are betting they can help each other with their EV lineups at an increasingly precarious time in the industry.
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
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 venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
“The [joint venture] is highly complementary, reflecting Rivian’s industry-leading software and electrical hardware ...
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...