VW launches $5.8bn tie-up with Tesla rival Rivian
Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its investment in the partnership. The two companies say the deal is now worth $5.8bn (£4.55bn) - up from an initial pledge from VW of $5bn.
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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Volkswagen is recalling nearly 115,000 cars due to a dangerous airbag defect. The models affected include certain 2017-2019 ...
VW, which plans to close three plants in its home market in Germany due to slow sales, will invest $5.8 billion in Rivian.
1don MSN
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