Rivian and Volkswagen expand joint venture in hopes of surviving EV transition

Rivian and Volkswagen announced today that the two companies would expand their joint venture and up the total investment to $5.8 billion — up from $5 billion — in an effort to survive the electric vehicle transition. The companies announced that Rivian and VW Group Technology LLC, the name of the joint venture, hope to … Continue reading Rivian and Volkswagen expand joint venture in hopes of surviving EV transition