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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 was one of the earliest entrants into the electric vehicle industry, years before it became commonplace to own or drive them. Its efforts were on full-steam in the wake of a diesel ...
Volkswagen and Rivian are joining forces as part of a $5.8 billion dollar deal, one that will see the two companies co-develop architectures and software for future electric vehicles.Now, one VW ...
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion.. The additional $4 billion is expected by 2026. It includes plans ...
Volkswagen ID. concept cars. The Volkswagen ID. series is a family of battery electric cars from Volkswagen (VW) using its MEB platform that is developed by the Volkswagen Group for a range of vehicles. Deliveries began in late 2020. By November 2022, half a million vehicles had been delivered. [1]
Premium Platform Electric (PPE) is a modular car platform for electric cars being developed by Volkswagen Group brands Audi and Porsche. [ 1 ] [ 2 ] [ 3 ] The platform will be for larger electric vehicles which are not suitable for the Volkswagen Group MEB platform , although Audi will also build cars with the smaller platform. [ 3 ]
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