VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
“The VW Group was always keen to participate in the EV policy as it allows import of acertain number of battery electric ...
Rivian (NASDAQ:RIVN) and Volkswagen (VWAGY) just dropped a bombshell, announcing a $5.8 billion joint venture designed to ...
The spending may ease concerns about Rivian's cash burn and give the German carmaker access to its US partner's software technology - an area where VW has stumbled. Faced with waning EV demand in ...
The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to reach ...
The JV will be co-led by Rivian’s software chief, Wassym Bensaid, and VW Group’s chief technology engineer, Carsten Helbing.
New VW ID-based Capri crossover and its boxy Explorer brother are being throttled back as employees at the Cologne, Germany, ...
Faced with waning EV demand in Europe and intensifying competition in China, where buyers gravitate toward local models, VW is considering large-scale cost reductions in Germany. Helbing, who will ...
The JV, known as Rivian and VW Group Technology LLC, will be headed up by co-chief ... increase scale and lower the cost of ...
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The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...
Traditional carmakers who perfected making combustion vehicles are struggling to match the speed and technology of dedicated ...