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Volkswagen to Invest $5.8 Billion in EV Startup Rivian
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
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.
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
2h
on MSN
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 ...
11h
EV Makers Rivian & Lucid Lost 2 Billion In The 3rd Quarter
Losses of 2 Billion dollars combined is a tough pill to swallow, but it took Tesla 14-years to turn a profit. Rivian lost a ...
17h
Is Rivian's Biggest Catalyst in Danger?
While investors await the much-hyped 2026 debut of the R2, there's another big catalyst currently in danger for Rivian.
5d
EV maker Rivian falls short of revenue projections for third quarter
The Irvine maker of electric pickup trucks and sport utility vehicles reported lower-than-expected revenue in the third ...
5d
on MSN
Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV
Rivian
Automotive Inc. on Thursday posted a larger-than-expected quarterly loss and revenue that were below expectations, ...
autoevolution
4d
Rivian R2 Will Be the First EV To Use LG's New Battery Cells With a Six-Time Capacity Bump
Rivian announced a partnership with LGES to supply the 4695 cells for the R2 battery pack, with a six-time capacity ...
3d
LG’s EV battery with six times more energy storage to power Rivian R2 SUV
The much-anticipated Rivian R2, expected to compete with Tesla's Model Y, will utilize US-made LG's 4695 cylindrical ...
Reuters on MSN
5d
Rivian reassures investors with cost cuts, green credit sales amid weak EV demand
Rivian said on Thursday it was on track to turn a gross profit in the fourth quarter helped by cost cuts and a sharp increase ...
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