Volkswagen’s stake in Rivian grows to $5.8B, joint venture now formed

Rivian R2VW's taking a larger stake in Rivian, now up to $5.8 billion Rivian and VW's joint venture has formally been created The Rivian R2 in 2026 and a Volkswagen in 2027 will be the first vehicles to feature the new joint-venture electrical architecture The Volkswagen Group on Tuesday announced that it would up its investment in Rivian as the two...