Volkswagen to Invest Another $1B in Rivian After Winter Test Milestone

Key Takeaways VWAGY triggers $1B Rivian investment after successful winter testing of joint SDV tech.Rivian tech underpins new EV architecture tested across VW, Audi and Scout prototypes.Volkswagen plans broader rollout as Rivian nears R2 launch and secures more funding.Volkswagen AG (VWAGY) and Rivian Automotive, Inc. (RIVN) partnership has reached an important milestone after completing winter testing of Rivian’s technology in Volkswagen vehicles. This achievement triggers an additional $1 billion investm ...

Volkswagen to Invest Another $1B in Rivian After Winter Test Milestone - Reportify