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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’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t always result in long-term successes.
VW launches $5.8bn tie-up with Tesla rival Rivian
Volkswagen
Group (
VW
) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) - up from an initial pledge from
VW
of $5bn.
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.
1d
on MSN
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 ...
16h
on 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 ...
13h
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
20h
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
22h
Rivian And VW Are Going At It Together
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.
TechCrunch on MSN
1d
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 ...
15h
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, ...
Green Car Reports
19h
Volkswagen's stake in Rivian grows to $5.8B, joint venture now formed
VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.
Fleet World
50m
Volkswagen Group and Rivian officially launch EV joint venture
Volkswagen
initially pledged an investment of up to $5bn (£3.94bn / €4.7bn) but has now said the venture is valued at up $5 ...
Cars
1d
Volkswagen Starts Filling in Details on Face-lifted 2025 GTI and Golf R
Volkswagen
is refreshing what many enthusiasts consider its halo cars, the GTI and Golf R hatchbacks, for the 2025 model ...
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