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Rivian Jumps On Expanded Volkswagen Joint Venture
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.
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.
Rivian and Volkswagen finalize joint venture worth up to $5.8B
Electric vehicle startup Rivian and German automobile giant Volkswagen have finalized their joint venture. Here's a deeper look at the new partnership.
1d
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 Trends
1d
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
...
24/7 Wall St
1d
Rivian and VW Try to Save Each Other
Volkswagen and Rivian have created a joint venture to help save both. This comes at a time when electric vehicle sales have ...
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