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.
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German auto giant Volkswagen will invest $5 billion in US electric vehicle maker Rivian and create a joint venture expected to produce technology used by both automakers, the companies announced Tuesday.
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.
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...
VW will get access to EV technology and a partner to develop next-gen vehicles and software
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...
Volkswagen has announced a substantial investment in Rivian, with the German automaker committing an initial US$1 billion (C$1.35 billion), with the...
Europe’s biggest carmaker, Volkswagen, pumps one billion dollars into American electric van and pickup specialist Rivian and promises another $4...
German automaker Volkswagen Group (ETR: VOW3) has announced a major investment in US-based EV maker Rivian (Nasdaq: RIVN). The partnership, The post...
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...
Volkswagen says it will initially invest $1bn in Rivian, Tesla's rival with an additional $4 billion by 2026.