The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.
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Volkswagen will invest up to $US5 billion ($A7.5 billion) in struggling US electric vehicle startup Rivian in one of its most significant moves in the switch to EVs. The post Volkswagen makes big play in electric cars in $A7.5 billion deal with Rivian appeared first on The Driven.
The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.
Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker...
German auto giant Volkswagen will invest $5 billion in US electric vehicle maker Rivian and create a joint venture expected to produce technology used...
Volkswagen says it will initially invest $1bn in Rivian, Tesla's rival with an additional $4 billion by 2026.
Volkswagen says it will initially invest $1bn in Rivian, Tesla's rival with an additional $4 billion by 2026.
Volkswagen plans to invest up to $7.5 billion in Rivian to get access to the EV startup's software and electrical architecture and work with it on...
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.
BENGALURU: U.S. electric vehicle maker Fisker filed for bankruptcy protection late on Monday as deal talks with a big automaker collapsed, exposing...
Electric vehicle startup Rivian wants to expand its commercial vehicle range as aims to produce a million electric vehicles annually by 2030.
Volkswagen has announced a substantial investment in Rivian, with the German automaker committing an initial US$1 billion (C$1.35 billion), with the...