Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
- The Rivian-Volkswagen joint venture deal has increased to up to $5.8 billion, rising from an initial $5 billion, as stated in a joint press release.
- Volkswagen will invest this amount by 2027, about 16% more than announced in June, to gain next-generation EV architecture and software.
- The first VW models using Rivian’s technology are expected to be available to customers as early as 2027.
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Leaning Left6Leaning Right2Center12Last UpdatedBias Distribution60% Center
Bias Distribution
- 60% of the sources are Center
60% Center
L 30%
C 60%
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