VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader aspirations than initially announced for the operations. VW's capital to Rivian isn't guaranteed,
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 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 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.
VW resurrects the Scout name with this new truck and SUV—and here’s the big surprise
Remember the commercial truck maker called International Harvester that made rugged SUVs and trucks with the Scout name back ...
RushLane13h
2025 Volkswagen Tera Sub 4m SUV Spied Off-Roading – New Details Emerge
Volkswagen Tera subcompact SUV will debut in Brazil next year, with launches in Argentina, India, and other markets to follow ...
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The Iconic Scout SUV Is Making an Electric Comeback Under Volkswagen
The Scout recently re-entered the public eye after a YouTube video of Tim Walz working on his 1979 Scout went viral.
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GAC Aion UT Is Coming For The VW ID.3 With Cute Looks And $14K Pricing
More: Does The New Aion V Electric SUV Remind You Of A T-Rex ... These dimensions are comparable to other electric ...
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 ...
Cars1h
All-New 2026 Honda Passport Revealed: Larger, More Capable, Less Frumpy
It’s not all escapism, though. The 2026 Passport also features a full suite of modern safety tech including a new wider-angle ...
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 ...
DriveSpark7d
Volkswagen Tera: The Upcoming Skoda Kylaq-Based SUV Set To Launch In 2025
Discover the Volkswagen Tera, a stylish sub-4-meter SUV set to launch in Brazil in 2025, featuring advanced technology and ...
Scout Traveler SUV vs. Rivian R1S: modern electric SUVs compared
Scout Motors has unveiled the Traveler SUV, one of its two new electric vehicles, but how does that electric SUV compare with ...
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Volkswagen Names New SUV Tera: India Launch Likely?
The VW Tera is built on the MQB A0 platform and gets a 1-litre turbo-petrol engine similar to the Taigun, and has a similar ...
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 ...
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Volkswagen Taigun & Virtus get new year-end benefits under ‘The Big Rush’ offer
The Big Rush campaign promises exciting benefits and kicks off on November 9 and will go on till December 31, 2024, aiming to ...