Volkswagen increases investment into Rivian joint venture to $5.8 billion
The Volkswagen-Rivian joint venture is intended to launch VW models with Rivian electric vehicle technology as soon as 2027
Rivian (RIVN) secures $5 billion investment from Volkswagen & will launch joint venture
Volkswagon will start with a $1 billion investment, with the other $4 billion coming through the joint venture to aid Rivian in bringing its next vehicles to market.
Xpeng (XPEV) stock jumps 28% on news Volkswagen takes 5% stake in Chinese EV maker
VW has been lagging behind in the industry-wide transition to electric vehicles, but the company is putting money behind its words with this $700 million investment in Xpeng.
Volkswagen reveals ID.7 electric vehicle set to release in 2024
Volkswagen's new electric sedan touts a 300-mile range.
Gran Turismo 7 Update 1.23 headlined by Porsche Vision GT Spyder, Volkswagen ID.R, and Nissan Silvia K’s Type S
Gran Turismo players! The 1.23 update for Gran Turismo 7 arrives today September 28 at 11:00pm PDT* (September 29 at 7am BST / 3pm JST). Three New Added Cars! Volkswagen…
Volkswagen leads expect chip shortage to continue through 2023
The German automotive maker has invested heavily to shore up its supply in 2023, but still believes there will be difficulties throughout next year.