Volkswagen just bought a $5 billion stake in Rivian The cash infusion will help bring the smaller Rivian R2 to market The deal gives VW access to Rivian's software and zonal electronics platform The Volkswagen Group will invest up to $5 billion in Rivian, laying the groundwork for collaboration on future EVs, the two automakers announced Tuesday... Volkswagen takes a $5B stake in Rivian
Volkswagen just bought a $5 billion stake in Rivian The cash infusion will help bring the smaller Rivian R2 to market The deal gives VW access to Rivian's software and zonal electronics platform The Volkswagen Group will invest up to $5 billion in Rivian, laying the groundwork for collaboration on future EVs, the two automakers announced Tuesday...