The Rivian-Volkswagen joint venture deal is now up to $5.8B
1 day ago · The new joint venture — Rivian and Volkswagen Group Technologies — will officially kick off November 13 as an independent company. And, if successful, it could be a boon for both companies.
VW and Rivian officially kick off $5.8 billion joint venture, …
1 day ago · Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new electrical architecture and vehicle software for future models ...
Volkswagen raises investment in Rivian to $5.8 billion
1 day ago · Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle ...
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
2 days ago · Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start on November 13. Through this JV, the companies plan to bring next ...
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
1 day ago · Volkswagen and Rivian Form Joint Venture, Deepening Alliance The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of ...
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
1 day ago · At closing of the Joint Venture, Volkswagen Group will invest about $1.3 billion as consideration for background IP licenses and a 50% equity stake in the joint venture.
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW …
1 day ago · Get Tri-state area news delivered to your inbox. ... At the closing of the joint venture, VW will invest about $1.3 billion "as consideration for background IP licenses and a 50% equity stake in ...
Rivian shares surge on $5.8 bln Volkswagen investment in JV
1 day ago · Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Rivian announces Volkswagen joint venture investment - Detroit …
1 day ago · 0:04. 0:32. Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. The ...
VW launches $5.8bn partnership with Tesla rival Rivian - BBC News
1 day ago · Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5 ...