Rivian Jumps On Expanded Volkswagen Joint Venture

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 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.
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 architecture arriving as early as 2027.
Rivian, Volkswagen announce new joint venture, $5.8 billion software, electric vehicle deal
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to create a new technology company.
Rivian stock surges as company expands joint venture with Volkswagen
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German automaker pouring more money into the joint venture.
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Rivian, Volkswagen joint venture becomes official
Rivian's joint venture with Volkswagen has been made official, with a fresh investment from the German giant in the US EV startup on the way.
Volkswagen increases Rivian investment as $5.8 billion EV joint venture officially launches
Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially launches Wednesday. The first Volkswagen models made with Rivian’s technology are expected to launch in 2027.
Germany's VW and Rivian launch joint electric car venture
The German automotive giant said that it was committing to a $5.8 billion investment to boost its transition to electric vehicles in cooperation with US EV-maker Rivian.
Volkswagen launches joint venture with US electric car company Rivian
German auto giant Volkswagen has officially launched a joint venture with US electric vehicle manufacturer Rivian, committing to a €5.8 billion ($6.2 billion) investment, €800 million more than previously planned,
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 ...
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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 ...
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
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Rivian-Volkswagen partnership to produce EV tech for R2 model
The joint venture will also support the launch of new Volkswagen models by 2027 ... Volkswagen has already invested ...
GM Authority17h
Rivian And Volkswagen Group Confirm EV Joint Venture
Rivian and Volkswagen Group have announced the formation of a new joint venture (JV ... The funding includes an initial ...
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Rivian's Upsized JV Deal With Volkswagen Bodes Well For US EV Maker, Analysts Say
Rivian Automotive's (RIVN) upsized joint venture deal with German car manufacturer Volkswagen Group is a step in the right direction for the US electric vehicle maker, with transaction terms better ...
Yahoo Finance21m
Rivian shares jumps 16% as Volkswagen Boosts Investment in Expanded EV Partnership
The new funding is also extended to VW, now totaling $1.3 billion for intellectual property rights and a 50 % JV equity stake. Further, $3.5 billion will come through equity, convertible notes, ...