Volkswagen and Rivian have expanded their partnership with the formation of a new joint venture (JV), named Rivian and VW Group Technology, to drive innovation in electric vehicle (EV) technology ...

Volkswagen is planning to stop production at one of its combustion engine car plants in China, ... The VW-SAIC JV sold 1.2 million cars in 2023, down 43% from its peak in 2017.

The JV intends to support of the launch of Rivian’s R2 model in the first half of 2026. ... Volkswagen said it would invest up to $5.8 billion in a joint venture with Rivian Automotive.

Regarding the extension of its JV deal, Volkswagen noted that by 2030, the JV will introduce a total of 18 new models to the market, ...

Anhui Jianghuai Automobile , opens new tab (JAC Motors), Volkswagen , opens new tab 's partner in its third China JV, said the two sides will boost the JV's registered capital to 13.9 billion yuan ...

The new Rivian and Volkswagen JV is expected to be finalized by the end of the year. Gaining approval from the German antitrust authority suggests the partnership is still progressing.

Rivian reports second-quarter revenue of $1.16 billion, which beat a Street consensus estimate of $1.13 billion. The company shared an update on its joint venture with Volkswagen Group. Ready to ...

Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. ... Following the deal, CARIAD will hold a majority stake of 60% in the JV.

SHANGHAI/BERLIN (Reuters) -Volkswagen is planning to stop production at one of its combustion engine car plants in China, a person with direct knowledge of the matter said, in a sign of carmakers ...