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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.
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.
Rivian Stock Soars on Upsized Volkswagen Joint Venture
Key Takeaways Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with Volkswagen in a move aimed at helping both firms find ways to grab more of the market for EVs.
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.
VW-Rivian Announce Billion Dollar Venture
Volkswagen said it would invest up to $5.8 billion in a joint venture with Rivian Automotive. The German automaker plans to invest up to $5.8 billion in Rivian. Watch this report for more details!
1d
Volkswagen recalls over 100k cars due to serious airbag defect: Fix ASAP
The airbag defect could "result in serious injury or death" because this explosive faulty part could send metal fragments ...
13h
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 ...
6d
Volkswagen recalls nearly 115,000 cars for potentially exploding air bag: See list here
Volkswagen is recalling Beetle and Passat models with Takata air bag inflators that have the potential to explode.
6d
Volkswagen Recalls Over 114,000 Vehicles in US Over Airbag Explosion Risk
The National Highway Traffic Safety Administration announced Volkswagen is recalling vehicles due to airbag concerns.
5d
VW recalls 115K cars due to ‘exploding’ airbags. If you have one of these vehicles, bring it to your dealer ASAP
Volkswagen is recalling nearly 115,000 cars due to a dangerous airbag defect. The models affected include certain 2017-2019 ...
1h
Chrysler recalls over 200k Jeep, Dodge vehicles for antilock-brake system: See affected models
Chrysler issued a recall that may affect 206,502 Jeep Grand Cherokee and Dodge Durango vehicles due to a potential ...
NBC Washington
2d
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
is "Rivian and
VW
Group Technology, LLC." The deal was initially announced in June, and came as Rivian attempted to raise ...
14h
Volkswagen raises bet on Rivian by US$800mil
Volkswagen AG (VW) and Rivian Automotive Inc have named leaders for their multi-billion-dollar joint venture (JV) and ...
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 ...
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