The world’s second-largest automaker and the Silicon Valley startup are trying to address each other’s core weakness.
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 ...
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
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Volkswagen and Rivian have created a joint venture to help save both. This comes at a time when electric vehicle sales have ...
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
The JV, named Rivian and VW Group Technology, LLC, is backed by a substantial $5.8 billion investment from Volkswagen, ...
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