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.
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...
The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of Beijing's "unfair"...