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Volkswagen to Invest $5.8 Billion in EV Startup Rivian
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader aspirations than initially announced for the operations. VW's capital to Rivian isn't guaranteed,
Volkswagen raises investment in Rivian to $5.8 billion
Nov 12 (Reuters) - Volkswagen Group (VOWG_p.DE), opens new tab raised its investment in
Rivian
(RIVN.O), opens new tab by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric ...
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
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.
6m
Why Rivian Shares Are Still Surging Today
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing ...
11m
Rivian stock surges as company expands joint venture with Volkswagen
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...
Digital Trends
6h
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
The big challenge for
Rivian
, the EV maker known for its innovative electric and software systems, has long been how to ...
10m
Why Rivian (RIVN) Stock Is Trading Up Today
Shares of electric vehicle manufacturer Rivian (NASDAQ:RIVN) jumped 21.3% in the morning session after the company announced ...
8h
Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion ...
18h
on MSN
VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
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 ...
1h
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
9h
Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
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