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Volkswagen Boosts Bet on Rivian's EV Technology
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 Boosts Bet on Rivian’s EV Technology by $800 Million
Volkswagen AG and Rivian Automotive Inc. named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens and the incoming Trump administration threatens to curtail supportive policies.
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
Yahoo
8h
VW launches $5.8bn tie-up with Tesla rival Rivian
competition from Chinese
EV
makers and a slower-than-expected move away from petrol and diesel vehicles. Separately, ...
14h
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 ...
10h
on MSN
Rivian And VW's $5.8B Joint Venture Will Power A Lot, Including 'Subcompact Cars'
The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...
20h
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.
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 ...
5d
on MSN
Rivian’s losses widen, but investors like hearing of ‘progress’ in next-gen EV
A lower production outlook for the year has hit profits due to Rivian’s “limited ability to leverage the fixed costs” at its ...
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 ...
4d
on MSN
Rivian is bracing for tariffs and making changes to its R2 sedan supply chain, CEO says
CEO of Rivian RJ Scaringe said the company is focused on sourcing suppliers not subject to Trump's potentially large tariffs.
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