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Rivian, Volkswagen
Volkswagen to Invest Up to $5 Billion Into EV Maker Rivian
Rivian shares rise in aftermarket trading as the automakers plan creation of a joint venture to work on vehicle software.
Volkswagen to invest $5B in Rivian, form joint venture
Volkswagen and Rivian said Tuesday they will create a joint venture together, with the electric vehicle (EV) startup expected to receive up to $5 billion from the German automaker.
VW to invest up to $5B in Rivian software deal
Volkswagen Group will invest $1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $5 billion.
Los Angeles Times
2d
Irvine-based EV maker Rivian gets $5-billion lifeline from Volkswagen
Irvine-based
Rivian
Automotive got a big financial boost on Tuesday, as
Volkswagen
agreed
to invest
up
to $5
...
Incubators
1d
VW To Invest $5 Billion in Rivian
Auto maker
Volkswagen
Group said this week that it will
invest
up
to $5
billion
in Irvine-based EV maker
Rivian
.
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