The Rivian-Volkswagen joint venture deal is now up to $5.8B
1 day ago · The new joint venture — Rivian and Volkswagen Group Technologies — will officially kick off November 13 as an independent company. And, if successful, it could be a boon for both companies.
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
1 day ago · The joint venture will be headed by Wassym Bensaid (Rivian) and Carsten Helbing (Volkswagen Group). Developers and software engineers from both companies will join the joint venture.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
1 day ago · Nov. 12, 2024, 4:11 p.m. ET. Volkswagen, the German automaker, and Rivian, a California-based maker of electric pickups and S.U.V.s, said on Tuesday they would form a joint venture to develop ...
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
2 days ago · Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start on November 13. Through this JV, the companies plan to bring next ...
VW and Rivian officially kick off $5.8 billion joint venture, …
1 day ago · His work has appeared in The New York Daily News and City & State. Nov 12, 2024, 9:10 PM UTC. Share this story. ... The new joint venture, dryly named “Rivian and VW Group Technology, LLC ...
Volkswagen raises investment in Rivian to $5.8 billion
1 day ago · Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle ...
Rivian, Volkswagen announce new joint venture, $5.8 billion …
1 day ago · [DOWNLOAD: Free WSB-TV News app for alerts as news breaks] TRENDING STORIES: ... Volkswagen Group said they plan to invest $5.8 billion in Rivian and the joint venture by 2027, with an initial $1 ...
Rivian (RIVN) and VW officially launch their new EV joint venture
1 day ago · On Tuesday, Rivian and VW officially entered into an agreement to create their new joint venture, “Rivian and VW Group Technology, LLC.” The total deal size is up to $5.8 billion and is ...
Rivian and Volkswagen Group Announce Plans for Joint - Newsroom - Rivian
Rivian and Volkswagen Group Announce Plans for Joint Venture to Create Industry-Leading Vehicle Software Technology and for Strategic Investment by Volkswagen.
Rivian and Volkswagen Group Announce Plans for Joint Venture …
Jun 25, 2024 · In the short term, the joint venture is expected to enable Volkswagen Group to utilize Rivian’s existing electrical architecture and software platform. The partnership’s ambition is to...