#Volkswagen #Rivian
Volkswagen invests $5bn in Rivian, a struggling EV maker, in a joint venture to develop electrical technology and software. The deal could aid Rivian financially, help with the construction of a Georgia plant, and launch a new more affordable SUV. read more
#Rivian #VolkswagenInvestment
Rivian's second-generation R1 vehicles were seen at their Illinois factory in June 2024, as Volkswagen agreed to invest up to $5bn in the electric carmaker. The partnership aims to share technology, boosting production and development. read more