Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian’s software and electrical ...
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating ...
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to ...
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of ...
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...