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Rivian stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create “cutting edge” EV technology.
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of Rivian’s R2 model in the first half of 2026, the companies said.
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 kick off their planned joint venture to develop electric vehicle architecture and software.
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.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multi-billion-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.
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16h
BP efforts to scale back renewables won't affect JV with EnBW
"We are in close contact with BP and we do not see any impact of their intentions to scale down their overall renewables ...
Exchange 4 Media
3h
Disney-Reliance JV: The big merger that can make India a content superpower
Industry leaders share their optimism about the transformative potential of the merger, highlighting its ability to redefine ...
4d
JV behind BART station makeover in Oakland adds four developers
Six builders, including Keystone Development, to construct an 800-unit affordable housing project called Mandela Station.
8d
Mitsubishi Corp, Nissan to establish JV on autonomous driving, EV batteries, Yomiuri says
Japan's Mitsubishi Corp and Nissan have decided to establish a joint venture to provide services related to autonomous ...
9h
Kerjaya set to gain from JV with Aspen
Kerjaya Prospek Group Bhd’s proposed joint venture (JV) to undertake a mixed development project in Penang is expected to ...
Engineering News-Record
1d
Commodore-Walsh Bros. JV Reaches Milestone on $483M Massachusetts Veterans Home
The $482.8-million Veterans Home in Holyoke, Mass., is advancing ahead of schedule, Gov. Maura Healey said Nov. 7 as crews placed the final steel beam and the team held a topping out ceremony.
Multi-Housing News
1d
NRP Group JV Opens Texas Affordable Community
The NRP Group and Capital Area Housing Finance Corporation have opened Centro35, a 330-unit affordable community in San ...
Hometown Source
3d
Girls swimming and diving: Ponies win JV conference meet
After finishing another unbeaten Suburban East Conference campaign, the Stillwater girls swimming and diving team delivered a ...
Aviation Week
18h
Air New Zealand, Cathay Pacific Secure JV Extension
Data provided by OAG Schedules Analyser shows that there are about 36,000 two-way nonstop scheduled seats between New Zealand ...
High School OT
12d
Week 11 JV football scores from across North Carolina
Welcome in to our week ten scoreboard of JV scores across North Carolina. HighSchoolOT is compiling the JV final scores that ...
Multi-Housing News
6d
JV to Develop Suburban Tampa Community
The partnership is set to break ground on the community immediately. First units are slated to be delivered in first quarter ...
Exchange 4 Media
1d
RIL-Disney JV kicks off tomorrow: Everything we know so far
The
JV
, as per sources, is likely led by Kevin Vaz and Kiran Mani as co-CEOs. Both currently serve as CEOs for Viacom18’s ...
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