Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
The two carmakers on Tuesday said their joint venture, which was announced in June, would be led jointly by representatives from both companies: Rivian’s chief software officer, Wassym Bensaid, and VW ...
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create "cutting edge" EV technology. Rivian (RIVN) and the German-based car maker ...
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 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. Spirit ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
The companies said the deal is now up to $5.8 billion – up from $5 billion – with the first VW models to use Rivian's ...
Authorities have identified a 24-year-old man killed in a single-vehicle crash Friday morning on the Catalina Highway.
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
Volkswagen AG and Rivian Automotive Inc. named leaders for their multibillion-dollar joint venture and showcased a prototype ...