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 always result in long-term successes.
Volkswagen increases Rivian investment as $5.8 billion EV joint venture officially launches
Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially launches Wednesday. The first Volkswagen models made with Rivian’s technology are expected to launch in 2027.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June.
Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the US partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
Volkswagen Group and Rivian form joint venture to create new EV tech
Volkswagen Group has invested $5.8bn (£4.55bn) in adventure-themed EV maker Rivian in a move that will see the companies form a joint venture to create
Scout Motors EVs will use Rivian-VW software and architecture
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
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV manufacturers.
Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of Rivian’s R2 model in the first half of 2026, the companies said.
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Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
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Volkswagen, Rivian form $5.8bn JV to drive innovation in EV technology
Volkswagen and Rivian have expanded their partnership to drive innovation in electric vehicle (EV) technology.
The New Ford Explorer May Be The Best Volkswagen EV Yet
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Rivian-Volkswagen partnership to produce EV tech for model to be manufactured in Georgia
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
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Rivian and VW Group Officially Join Forces to Electrify the Future
The electric vehicle startup Rivian has just teamed up with the Volkswagen Group, one of the biggest car manufacturers on the ...