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Volkswagen to Invest $5.8 Billion in EV Startup Rivian

VW And Rivian Team Up To Develop EV Tech for 2027 Launch

Volkswagen originally promised a $5 bn deal to collaborate on software and architecture, but announced it was upping its stake this week

Electrek · 2d

Rivian (RIVN) and Volkswagen officially launch their new EV business partnership

Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to

The Wall Street Journal on MSN · 2d

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.

Ford reduces EV production in Germany

Electrek · 1d

Ford’s EV struggles continue as ‘rapidly deteriorating’ market conditions take a toll

Ford added its second model, the Capri EV, just last month. Both are based on Volkswagen’s MEB platform as part of a 2020 partnership. Ford Explorer EV production in Cologne (Source: Ford) “We are producing more than we can sell,” the German ...

Carscoops on MSN · 1d

Ford Is Already Cutting Capri Production, Blames Weak EV Demand

New VW ID-based Capri crossover and its boxy Explorer brother are being throttled back as employees at the Cologne, Germany, plant are now only working alternate weeks

motor1.com on MSN · 1d

Ford Is Already Cutting Production of Its New EVs

The Blue Oval blames the "rapidly deteriorating market conditions for electric vehicles." Although the Explorer Electric was unveiled in March 2023, Ford didn’t start production until June this year.

The Business Journals2d

Rivian-Volkswagen partnership to produce EV tech for R2 model

Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the ...

GM Authority1d

Rivian And Volkswagen Group Confirm EV Joint Venture

Rivian and VW Group Technology, LLC will focus on developing modular EV architectures that are adaptable across various ...

https//carbuzz2d

Volkswagen's Current Situation Is A Dire Warning To All Other Automakers

Volkswagen is facing some financial problems at the moment because of its push to develop EVs. This is why it should prove a warning to its rivals.

autoevolution15h

Ford Shot Itself in the Foot With Capri and Explorer EV Based on Volkswagen's MEB Platform

Ford's plan to go all-electric in Europe by switching to EVs built on Volkswagen's MEB architecture didn't pan out, and there ...

Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish

Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its ...

VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit

VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...

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