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Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
Volkswagen laid out the details in March of an all-electric car under development for 25,000 euros, to launch by 2025 with a 450-km range and a battery charging from 10% to 80% in around 20 minutes.
In fiscal 2024, Rivian produced 49,476 vehicles, above the annual production guidance of 47,000-49,000 vehicles and above Sheppard’s estimate of 48,000 vehicles (but below 57,232 vehicles in ...
An ID.3 electric car pictured at the Volkswagen factory in Zwickau, Germany, in February 2020. ... USA TODAY. 9 mobile apps to help balance your life in 2025 ... News. CBS News. Trucks in New ...
Volkswagen I.D. R rear view. The Volkswagen I.D. R also known as Volkswagen I.D. R Pikes Peak, is a prototype fully electric vehicle designed as part of Volkswagen's I.D. Project, and included within Volkswagen's R series of cars designed specifically for competing in motorsport events. [2] It is the first electric racing car designed by ...
Volkswagen’s orders for electric vehicles shot up in Europe in the first quarter of 2024 compared with a year ago, countering suggestions that drivers may be losing interest in EVs.
The Volkswagen Group Scalable Systems Platform (SSP) is a modular car platform for electric cars being developed by the Volkswagen Group. [1] [2] SSP was announced in July 2021, as part of Volkswagen's "New Auto" strategy, to have a "single battery electric vehicle (BEV) platform across all the group's brands".
The MEB platform is part of a Volkswagen strategy to start production of new battery electric vehicles between 2019 and 2025. [4] In 2017, the VW Group announced a gradual transition from combustion engine to battery electric vehicles with all 300 models across 12 brands having an electric version by 2030.