Rivian has closed a deal with Volkswagen that could be worth up to $5.8 billion over the next several years. The two automakers will form a joint venture to develop and produce Rivian's next ...
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup's more technical chops in ...
Volkswagen will invest up to $5.8bn into Rivian as part of a new joint venture that’ll see them both working extremely closely on their future electric cars. In short, it means Rivian can get a ...
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the U.S. partner even as electric-vehicle demand softens and the incoming Trump ...
The new joint venture — Rivian and Volkswagen Group Technologies — will officially kick off November 13 as an independent company. And, if successful, it could be a boon for both companies.
The 2025 Volkswagen ID. Buzz has a rear electric motor and a 91-kWh battery that sends 282 horsepower and 413 pound-feet of torque to the rear wheels. All-wheel-drive models get a second motor up ...
Rivian (RIVN) stock rose as much as 16% in early afternoon trade on Wednesday after the EV maker announced an expansion of its partnership with Volkswagen (VWAGY), with the German automaker ...
Shares of Rivian jumped over 15 per cent on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Malaysian contractor T7 Global has opened a new fabrication yard in Kemanan, Terengganu, in Peninsular Malaysia as it aims to secure more work from its oil and gas company clients. Wholly owned ...
Anyone who follows the electric vehicle race closely knows that the Volkswagen Group has struggled on the software front for years now. That's a broad term, but it includes everything from in-car ...
German auto giant the Volkswagen Group has raised its investment in US electric vehicle (EV) specialist Rivian, kickstarting their planned joint venture that will result in a co-developed ...