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Rivian-Volkswagen joint venture deal is now up to $5.8B

The Verge on MSN · 1d

VW and Rivian officially kick off $5.8 billion joint venture, announce leadership

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 electrical architecture and vehicle software for future models, including subcompact cars, with the first planned for 2027. The investment size has now increased to $5.8 billion.

CNBC on MSN · 23h

Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027

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.

Fox Business · 12h

Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture

Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.

17h

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...

Digital Trends19h

Rivian, VW venture kicks off next-gen platform for R1, Scout EVs

That stage came within reach in June, when the California-based company and Volkswagen announced a joint venture ...

Rivian and VW Try to Save Each Other

Volkswagen, staggered by its lack of success in the electric vehicle (EV) market, and Rivian Automotive Inc. (NASDAQ: RIVN), ...

1don MSN

Rivian And VW's $5.8B Joint Venture Will Power A Lot, Including 'Subcompact Cars'

The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...

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