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Rivian, VW
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
Developping a common manufacturing and tech platform to be used for
Rivian
’s upcoming R2 SUV and
VW
’s
Scout
EVs, as well as other upcoming models. “The [joint venture] is highly complementary, reflecting
Rivian
’s industry-leading software and ...
VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
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, including subcompact cars, with the first planned for 2027. The investment size has now increased to $5.8 billion.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multibillion-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. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June.
1d
on MSN
How VW Got A 'Wake-Up Call' That Sparked A Rivian Team-Up
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
2d
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 ...
AutoGuide on MSN
13d
Scout And Rivian Will Share One Key Feature
In press images, Scout’s software interface bears a resemblance to Rivian’s, reinforcing the synergy. However, it was ...
3d
Volkswagen AG's Fledgling Scout Brand Faces Opposition From Powerful U.S. Dealer Lobby
Volkswagen's direct-to-consumer strategy faces legal opposition, complicating growth. See why VWAGY stock remains a buy ...
Hosted on MSN
6h
VW and Rivian Announce $5.8 Billion Joint Venture
The technology from the joint venture will support both vehicles from the
VW
Group and
Rivian
, such as
Rivian
’s R2 EV ...
3d
Scout Traveler SUV vs. Rivian R1S: modern electric SUVs compared
Scout Motors has unveiled the Traveler SUV, one of its two new electric vehicles, but how does that electric SUV compare with ...
autoevolution
6d
Rivian Bets the House on the Volkswagen Deal, Expects To Power Millions of the Group's EVs
Rivian expects its software and electrical architecture to power millions of Volkswagen, Audi, and Porsche EVs, generating ...
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