Volkswagen boosts bet on Rivian’s EV tech by $800 million
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the U.S. partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
VW and Rivian are betting they can help each other with their EV lineups at an increasingly precarious time in the industry.
4hon MSN
Volkswagen's ID. Buzz electric van at the Lumen Field Event Center during the Seattle International Auto Show on Thursday.
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
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 ...
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VW's ID. Buzz, an all-electric version of its iconic Bus, has a lot going for it. The styling, tech, and power are all excellent; only the range is lacking.
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The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to reach ...
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