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Volkswagen to Invest $5.8 Billion in EV Startup Rivian
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 US partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
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.
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle architecture and software.
2d
2026 Rivian R2 will have a more powerful battery — who is leading its development?
Rivian is having rookie success as an American EV startup that saw it move nearly 50,000 units in its first full calendar ...
5d
Rivian R2 EV’s new LG battery boosts storage capacity sixfold
The R2 promises acceleration of 0 to 60 mph in under 3 seconds and an estimated range of over 300 miles. It’s packed with ...
13h
on MSN
Volkswagen and Rivian Officially Launch Joint Venture Agreement
The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...
4d
LG’s EV battery with six times more energy storage to power Rivian R2 SUV
The much-anticipated Rivian R2, expected to compete with Tesla's Model Y, will utilize US-made LG's 4695 cylindrical ...
The Verge on MSN
6d
The Rivian R2’s next-gen batteries will be made in the US by LG Energy
Rivian’s R2 vehicles will be powered by batteries made domestically in the US by South Korea’s LG Energy Solution, the ...
autoevolution
5d
Rivian R2 Will Be the First EV To Use LG's New Battery Cells With a Six-Time Capacity Bump
Rivian announced a partnership with LGES to supply the 4695 cells for the R2 battery pack, with a six-time capacity ...
Torque News
1d
Evidence Mounts That Battery-Electric Pickup Trucks Are Failing In America
We lay out sobering facts about battery-electric pickup trucks. It’s hard to see how battery-only pickups can be seen as ...
6d
LG Energy Solution signs 5-year battery supply deal with Rivian
South Korea's LG Energy Solution on Friday said its subsidiary LG Energy Solution Arizona has signed a battery supply ...
autoevolution
14h
This One-Owner 2022 Rivian R1T Adventure Edition Quad Motor Truck Was a Steal at $61,453
This 2022 Rivian R1T Adventure Edition electric truck is powered by a quad-motor unit sending a total of 835 horsepower to ...
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