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VW Ink Joint Venture

Hosted on MSN · 1d

Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.

TechCrunch on MSN · 2d

The Rivian-Volkswagen joint venture deal is now up to $5.8B

Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June.

Inside EVs on MSN · 2d

Rivian And VW's $5.8B Joint Venture Will Power A Lot, Including 'Subcompact Cars'

The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's CTO. They'll serve as co-CEOs. It'll be based in Palo Alto, California, to start. Three more sites are in development North America and Europe, the companies said on Tuesday.

11hon MSN

Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will

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VW invests 6 billion dollars in loss-making company Rivian

VW will be working with Rivian on the development of future electric cars. An agreement worth almost six billion dollars has ...

1don MSN

How VW Got A 'Wake-Up Call' That Sparked A Rivian Team-Up

VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...

2d

Volkswagen raises investment in Rivian to $5.8 billion

Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...

ConsumerAffairs11d

Volkswagen hits speed bumps in its race to an all-electric future

It wasn't long ago that Volkswagen, the world's second largest automaker, had weathered the Dieselgate scandal and jumped ...

DPA International on MSN1d

Carmakers hope retro electrics can help revive flagging sales

Now is not a good time to own an electric car dealership. Regulatory uncertainty is confusing customers in many countries, ...

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