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Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian, Volkswagen Group launch $5.8 billion joint venture
Nov 12 (Reuters) - Rivian (RIVN.O), opens new tab and
Volkswagen
Group
(VOWG_p.DE), opens new tab launched on Tuesday the joint venture they had announced in June, valued at $5.8 billion, to share software and electric vehicle architecture. The joint ...
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion – up from $5 billion – with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multi-billion-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.
https//carbuzz
1h
Volkswagen's Current Situation Is A Dire Warning To All Other Automakers
Volkswagen is facing some financial problems at the moment because of its push to develop EVs. This is why it should prove a warning to its rivals.
autoevolution
3h
2025 Volkswagen Golf R Offers 13-HP Increase Over 2024 Model
A revised exterior, hard buttons on the steering wheel, more power for the Golf R, and 12.9-inch touchscreen infotainment are ...
Electrek
2h
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
AM-online
12h
Damien O’Sullivan appointed Volkswagen Group UK chief, succeeding Alex Smith
Volkswagen Group UK has named Damien O’Sullivan as its new managing director from December. O’Sullivan steps into the role ...
14h
Volkswagen Braves Shaky Market for European Carmaker Bonds
A Volkswagen AG entity is looking to raise new debt on Tuesday in an offering that will test demand among bond investors ...
Car Dealer Magazine
10h
Volkswagen Group UK appoints Damien O’Sullivan as its new managing director
Damien O’Sullivan has been appointed as
Volkswagen
Group
UK’s new managing director from December 1. O’Sullivan, who has ...
Fleet News
9h
Industry jobs: Top roles filled at Volkswagen Group UK, TTC Group, Cap HPI, Priority Freight, Apcoa and Bristol Waste
Dionne Hanlon has been appointed as senior editor for commercial vehicles and motorcycles for Cap HPI’s valuations team, ...
Channel NewsAsia Singapore
22h
Volkswagen investment chief steps down from Northvolt board
The head of investments at German auto maker Volkswagen is leaving the board of Sweden's Northvolt, the Swedish battery maker ...
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