The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
Oliver Blume, CEO of the $348 billion auto juggernaut Volkswagen, lives life in the fast lane. The dual boss of the luxury ...
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 ...
The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
Speaking during a conference call, Volkswagen CEO Oliver Blume said the next-gen platform will first be deployed for ...
Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Shares of the Irvine-based electric vehicle maker soared 20% to $12.68 and a $12.9 billion market cap (Nasdaq: RIVN).
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VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...