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Volkswagen to Invest $5.8 Billion in EV Startup Rivian
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's stake in Rivian grows to $5.8B, joint venture now formed
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
Rivian shares surge on $5.8 billion Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. The investment boost comes at a crucial time for Rivian,
Reuters on MSN
8d
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase ...
Atlanta News First on MSN
7h
Atlanta Fire adds ‘nimble’ EV Rivian trucks to speed up EMS response
Next week, the Atlanta Fire Rescue Department (AFRD) will launch its first EV response vehicles to respond to medical ...
EconoTimes
7d
Rivian Targets Q4 Profit with Cost Cuts, Green Credits Amid Lower EV Demand
Amid challenging market conditions and component shortages, Rivian aims to post its first gross profit in Q4, driven by ...
7d
on MSN
Rivian Maintains Profitability Target Despite Part Shortage
The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its ...
Green Car Reports
8d
Rivian R2 will get Arizona-made batteries from LG
Cylindrical battery cells from Arizona will be powering the Illinois-made Rivian R2 electric SUV when it arrives in 2026.
12h
Tesla, Rivian, and Lucid stocks are fallling as Trump plans to kill Biden's EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax ...
AOL
2d
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 Volkswagen (OTC: VWAGY) will invest billions in the California-based ...
TopSpeed
1d
Here’s How Much A Rivian R1T Depreciates After 2 Years
All Rivian R1T derivatives come standard with the brand's 60-month or 60,000-mile full warranty package. This includes ...
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