Volkswagen Group raised its investment in Rivian by 16 per cent to $5.8 billion, the two automakers said on Tuesday, as the ...

NEW YORK, Nov 13, 2024 (BSS/AFP) - German automaker Volkswagen and US electric vehicle manufacturer Rivian aim to begin ...

Volkswagen Group has increased its planned investment in an announced joint venture with electric vehicle maker Rivian ...

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...

It’s refreshing to see manufacturers still making sedans that the average South African family can afford. The Volkswagen ...

The firms will share EV technology as they face slowing demand and competition from Chinese rivals.

Volkswagen and Rivian named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens.

Electric vehicle company Rivian has just gotten quite the investment boost from German automaker Volkswagon. The two already ...

The two carmakers on Tuesday said their joint venture, which was announced in the summer, would be led jointly by representatives from both companies: Rivian’s chief software officer, Wassym Bensaid, ...

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 ...

Volkswagen Group plans to invest up to $5.8 billion in Rivian and the joint venture by 2027. The initial $1 billion investment, the form of convertible notes, has already been made.

GTI makes 242 hp instead of last year’s 241 hp but R gets a 13 hp boost; both are available solely with a DSG transmission ...