Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to accelerate the shift to electric vehicles. In June, we learned Volkswagen would ...
Local subsidiaries of Volkswagen Group, Hyundai Motor and Toyota Motor are likely to apply under India’s electric vehicle (EV) policy, which allows companies to import a certain number of high ...
The spending may ease concerns about Rivian's cash burn and give the German carmaker access to its US partner's software technology - an area where VW has stumbled. Faced with waning EV demand in ...
Rivian (NASDAQ:RIVN) and Volkswagen (VWAGY) just dropped a bombshell, announcing a $5.8 billion joint venture designed to shake up the EV market. Launching today, the new partnershipRivian and VW ...
Faced with waning EV demand in Europe and intensifying competition in China, where buyers gravitate toward local models, VW is currently considering large-scale cost reductions in Germany.
Volkswagen (VW) has made a bold move to secure its future in the digital-first electric vehicle (EV) race, announcing a new $5.8 billion investment in Rivian Automotive. This strategic collaboration ...
VW has upped its investment in Rivian from $5 billion to $5.8 billion. The joint venture will develop software and architecture to be used by both Rivian and the VW Group. VW says it expects the ...
Volkswagen AG and Rivian Automotive named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand ...
Rivian Automotive (NASDAQ:RIVN) and Volkswagen Group (OTCPK ... helping to drive EV adoption," he added. Shares of Rivian Automotive (RIVN) moved up 4.8% in postmarket trading on Tuesday.
By leveraging Rivian’s electric vehicle software expertise and Volkswagen’s extensive experience in vehicle platforms and global scale, the JV aims to develop advanced EV architectures across ...