Volkswagen has announced a significant increase in its investment in the U.S. EV startup Rivian. The two companies have now ...
The joint venture, Rivian and VW Group Technology LLC will integrate advanced electrical infrastructure and Rivian's software ...
The two companies say the deal is now worth $5.8bn (£4.55bn) – up from an initial pledge from VW of $5bn. Shares in the US ...
The share price Rivian is showing strength as investors react positively to news of a significant investment in the ...
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
The Rivian-Volkswagen joint venture has raised investment to $5.8 billion, and VW electric cars are expected to be released ...
The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to reach ...
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the ...
Volkswagen Group and Rivian have launched a $5.8 billion joint venture to develop SDV software and scale next-gen electric ...
Rivian (RIVN) is losing over $1B per quarter, or $30K-$40K on each truck it sells, with current volumes not enough to sustain ...
Rivian shares are up 13% in premarket trading after Volkswagen increased their planned investment to $5.8 billion.