Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company says will eventually be manufactured in Georgia. Electric vehicle startup Rivian Automotive Inc.'s recent partnership with legacy ...
Rivian and Volkswagen Detail $5.8 Billion EV JV Tech Platform
Volkswagen is committing up to $5.8 billion to the joint venture through 2027, starting with an initial $1 billion investment in the form of convertible notes. At launch, VW will also invest about $1.3 billion for intellectual property licenses and a 50% equity stake, with further investments tied to development milestones.
But we undoubtedly can expect greater EV adoption to continue in the coming years, driven by battery technology. New ...
Nearly 3 of 5 Americans see themselves switching to an EV within 10 years, according to a new study, but it may take a ...
Electric vehicle sales continue surging in China. According to Rho Motion, China set another EV sales record last month with ...
Spread the loveThe all-new Silverado EV represents Chevrolet‘s bold step into the electric truck market, offering impressive ...
Rivian is having rookie success as an American EV startup that saw it move nearly 50,000 units in its first full calendar ...
MOD partners with HPCL to provide seamless access to EV charging stations across India, enhancing convenience for drivers.
Spread the loveThe 2025 Chevrolet Equinox EV represents Chevrolet‘s commitment to electrification in the popular compact SUV ...
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It became the first mass-produced extended-range EV—a vehicle with a big battery and backup gas engine allowing people to ...
Therefore, finding an appropriate recycling technology is an absolute must. The metals in EV batteries pose a significant ...
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