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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.
Rivian Stock Gains On $5.8 Bln JV With Volkswagen
Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle
Rivian stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.
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 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.
Volkswagen raises investment in Rivian to $5.8 billion
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 architecture and software.
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.
Hosted on MSN
19h
BP efforts to scale back renewables won't affect JV with EnBW
"We are in close contact with BP and we do not see any impact of their intentions to scale down their overall renewables ...
Exchange 4 Media
6h
Disney-Reliance JV: The big merger that can make India a content superpower
Industry leaders share their optimism about the transformative potential of the merger, highlighting its ability to redefine ...
sgbonline
1h
Sig Sauer Inks JV Deal with Indian Defense Plant to Support India’s Military Needs
The Government of India, Ministry of Defence first awarded Sig Sauer a contract for the SIG716 in 2019 for 72,400 rifles. The ...
5d
on MSN
JAL-Sumitomo JV secures right to place order for up to 100 Archer air-taxis
Archer Aviation said on Thursday a joint venture between Japan Airlines and Sumitomo Corp had secured the right to place ...
4d
JV behind BART station makeover in Oakland adds four developers
Six builders, including Keystone Development, to construct an 800-unit affordable housing project called Mandela Station.
Zawya
1h
Kayanat and Pioneers sign JV to transform Saudi’s heavy industry
Both companies will accelerate the deployment of sustainable, technology-driven innovations across various industries in ...
8d
Mitsubishi Corp, Nissan to establish JV on autonomous driving, EV batteries, Yomiuri says
Japan's Mitsubishi Corp and Nissan have decided to establish a joint venture to provide services related to autonomous ...
Hometown Source
3d
Girls swimming and diving: Ponies win JV conference meet
After finishing another unbeaten Suburban East Conference campaign, the Stillwater girls swimming and diving team delivered a ...
Multi-Housing News
1d
NRP Group JV Opens Texas Affordable Community
The NRP Group and Capital Area Housing Finance Corporation have opened Centro35, a 330-unit affordable community in San ...
Aviation Week
21h
Air New Zealand, Cathay Pacific Secure JV Extension
Data provided by OAG Schedules Analyser shows that there are about 36,000 two-way nonstop scheduled seats between New Zealand ...
Exchange 4 Media
1d
RIL-Disney JV kicks off tomorrow: Everything we know so far
The
JV
, as per sources, is likely led by Kevin Vaz and Kiran Mani as co-CEOs. Both currently serve as CEOs for Viacom18’s ...
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