The Rivian-Volkswagen joint venture deal is now up to $5.8B
2 days ago · Last month at Disrupt 2024, Bensaid described the joint venture as an opportunity for Rivian to bring its software to multiple brands, including the VW spinoff Scout.
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
3 days ago · Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start on November 13. Through this JV, the companies plan to bring next ...
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
2 days ago · Volkswagen, the German automaker, and Rivian, a California-based maker of electric pickups and S.U.V.s, said on Tuesday that they would form a joint venture to develop software and electronics ...
VW and Rivian officially kick off $5.8 billion joint venture, …
2 days ago · VW and Rivian officially kick off $5.8 billion joint venture, announce leadership / The companies will collaborate on electrical architecture and software for a new lineup of electric vehicles.
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars ...
2 days ago · The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian’s software and electrical architecture arriving as early as 2027.
VW ups investment with Rivian to $5.8B, forms technology joint …
1 day ago · VW Group and Rivian form technology joint venture focused on electrical architecture and software development.
Volkswagen raises investment in Rivian to $5.8 billion
2 days ago · Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle ...
Rivian announces Volkswagen joint venture investment - Detroit …
1 day ago · Rivian gets big boost from $5.8 billion Volkswagen investment in joint venture. Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment ...
VW launches $5.8bn partnership with Tesla rival Rivian - BBC
1 day ago · Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5 ...
Scout Motors EVs will use Rivian-VW software and architecture
Oct 30, 2024 · VW’s new offshoot EV company Scout Motors, which revealed its first two vehicles last week, will use the software and zonal architecture being developed by the joint venture between Rivian...