Rivian, Volkswagen

The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multibillion-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 and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
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.
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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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.
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
Rivian gets big boost from $5.8 billion Volkswagen investment in joint venture
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
VW Picks an Awkward Time to Raise Its Bet on Rivian to $5.8 Billion
Volkswagen’s already contentious decision to plow billions of dollars into electric-vehicle maker Rivian just got $800 million more awkward. The German manufacturer upset its powerful works council earlier this year when it announced plans to invest up to $5 billion in Rivian.
VW and Rivian Announce $5.8 Billion Joint Venture
Volkswagen and Rivian have officially announced a joint venture, “Rivian and VW Group Technology, LLC,” that will kick off on November 13th. The collaboration, which will be led by Rivian software chief Wassym Bensaid and VW Group chief technology engineer Carsten Helbing,
Costly Collaboration: Why Volkswagen’s $5.8B Rivian Investment Seems Doomed
By investing $5.8 billion in electric vehicle pioneer Rivian, Volkwagen hoped the startup’s expertise would improve its EV presence as well as generate profits. However, Rivian’s $80,000 trucks have proved to create low consumer demand,
Rivian Shares Surge as Volkswagen Increases Its Potential Investment. Is It Too Late to Buy the Stock?
Given its still early-stage nature, Rivian remains a speculative stock. However, it does have strong partners both in ...
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
Electrek6d
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 ...
The Business Journals6d
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
Why Rivian Stock Dropped Thursday
Rivian Automotive (NASDAQ: RIVN) stock is hitting the brakes today after it spiked nearly 14% yesterday. When initially ...
autoevolution4d
Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions
Rivian and Volkswagen announced their joint venture, but the bigger news is how the EV startup convinced the legacy ...
Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...