Volkswagen (VWAGY)-backed Scout Motors will employ the software and zonal architecture “being developed by the joint venture between Rivian (RIVN) and the Volkswagen Group, writes Sean O’Kane for Tech ...
The blockbuster $5 billion deal between Volkswagen Group and Rivian is just days old. But it turns out, VW Group was tapping into Rivian’s software expertise months before the partnership was ...
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion. The additional $4 billion is expected to be invested following the ...
The Rivian-Volkswagen Group joint venture has been officially finalized. Before the parties signed on the dotted line, it got about 16% bigger. The deal will now inject up to $5.8 billion into ...
Rivian's partnership with Volkswagen is expected to drive significant changes for both automakers, focusing on software development and operational discipline. Volkswagen's investment in Rivian is set ...
Editor’s Note: This story has been updated with a statement from Cariad. The recent $5 billion deal between Volkswagen (OTC:VWAGY) and U.S. electric vehicle start-up Rivian Automotive (NASDAQ:RIVN) ...
Volkswagen is committing $5 billion to upstart EV company Rivian, with $1 billion in cash upfront and $4 billion over time. The companies aim to use this joint venture to deliver new vehicles “in the ...