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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, Volkswagen announce new joint venture, $5.8 billion software, electric vehicle deal
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to create a new technology company.
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
Rivian shares surge on $5.8 billion 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. The investment boost comes at a crucial time for Rivian,
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.
Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was announced in June. Rivian stoc
VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
Volkswagen and Rivian have crossed all their T’s and dotted all their I’s in their new $5.8 billion joint venture, which officially kicks off its work on November 13th, the companies announced today.
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.
Hosted on MSN
3m
Volkswagen, Rivian form $5.8bn JV to drive innovation in EV technology
Volkswagen
and Rivian have expanded their partnership with the formation of a
new
joint venture (JV), named Rivian and ..
Cars
20h
Volkswagen Starts Filling in Details on Face-lifted 2025 GTI and Golf R
Volkswagen is refreshing what many enthusiasts consider its halo cars, the GTI and Golf R hatchbacks, for the 2025 model year ...
16h
on MSN
America’s 2025 VW Golf GTI Misses Out On 262-HP Euro Engine, But 328-HP Golf R Is Most Powerful Ever
GTI makes 242 hp instead of last year’s 241 hp but R gets a 13 hp boost; both are available solely with a DSG transmission ...
Motor Trend
14d
2025 Volkswagen Cars Lineup: New ID Buzz Plus Updates to Jetta, GTI, and Golf R
Cosmetic changes include
new
headlights and taillights for a sharper exterior design. Illuminated
VW
badging adds modern flair to the front fascia. Customers can style their
cars
with up to five ...
2d
on MSN
Volkswagen, Mazda, Honda, BMW, Porsche among 304k vehicles recalled: Check car recalls here
The NHTSA recently announced recalls for 304,068 vehicles. This includes BMW, Mazda, Volkswagen, Porsche vehicles and Honda ...
Carscoops
1d
GAC Aion UT Is Coming For The VW ID.3 With Cute Looks And $14K Pricing
GAC has revealed the
new
Aion UT’s exterior and interior styling ahead of its debut. The electric hatchback will rival the ...
CAR on MSN
5d
VW Golf at 50: how the humble hatchback set a new template for the people's car
CAR magazine's Angus MacKenzie looks back at 50 years of the landmark VW hatchback – and explains why it nearly didn't happen ...
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