AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語
  • STANDINGS
No Result
View All Result
AutoGear

VW invests around €5 billion in a joint venture with Rivian.

Virgilio Machado by Virgilio Machado
June 26, 2024
in Latest News
Reading Time: 1 min read
0
VW investe cerca de €5 mil milhões numa joint venture com a Rivian

VW announced that it will invest $5 billion (€4.67 billion) in a joint venture with electric vehicle manufacturer Rivian Automotive, an operation seen as the solution to the American company’s recent difficulties.

In a statement, the American brand said that VW will now have access to Rivian’s electric vehicle production technology, and that the German automaker will immediately disburse one billion dollars and the remaining four billion dollars later.

The new joint venture will be equally controlled by both companies and will focus on the development of electric vehicles equipped with state-of-the-art software.

“Thanks to our cooperation, we will provide the best solutions for our vehicles faster and at a lower cost,” said Oliver Blume, CEO of Volkswagen.

Tags: carros elétricosjoint ventureOliver BlumeRivianRivian AutomotiveVW
Share212Tweet133Send

Related Posts

Japão quer acelerar entrada em vigor do acordo comercial com os EUA
Latest News

Toyota’s profits fell by 37% between April and June.

Toyota Motor announced this Thursday that net profit fell by 37% in the first quarter of the Japanese fiscal year,...

by Virgilio Machado
August 7, 2025
W1 é o McLaren mais potente e rápido de sempre
Latest News

McLaren will unveil the W1 in the USA alongside the 750S Le Mans.

McLaren has announced that it will debut the W1 in the U.S. at Exotics on Broadway, which will take place...

by Virgilio Machado
August 7, 2025
Alpine diz adeus ao A110 com versão especial de aniversário R 70
Latest News

“Alpine 70 years: the film showcases an experience that goes beyond the automobile.”

Alpine is celebrating its 70th anniversary, and in the new episode of the series depicting the history of the French...

by Virgilio Machado
August 7, 2025
General Motros e Hyundai anunciam parceria para desenvolver 5 veículos
Latest News

General Motors and Hyundai announce partnership to develop 5 vehicles.

General Motors (GM) and Hyundai Motor plan to jointly develop five vehicles in an effort to reduce costs and address...

by Virgilio Machado
August 7, 2025

Recent News

Japão quer acelerar entrada em vigor do acordo comercial com os EUA

Toyota’s profits fell by 37% between April and June.

August 7, 2025
Pirelli’s Intense Tire Testing in Hungary: Leclerc Dominates with 144 Laps

Pirelli’s Intense Tire Testing in Hungary: Leclerc Dominates with 144 Laps

August 7, 2025
W1 é o McLaren mais potente e rápido de sempre

McLaren will unveil the W1 in the USA alongside the 750S Le Mans.

August 7, 2025
Lewis Hamilton’s Terrifying Ferrari Swap: Career Destruction for Racing Icons

Lewis Hamilton’s Terrifying Ferrari Swap: Career Destruction for Racing Icons

August 7, 2025

Newsletter

  • PRIVACY POLICY
  • TECHNICAL INFORMATION
  • EDITORIAL STATUS
  • TERMS AND CONDITIONS

© 2023 AutoGear - Todos os direitos reservados AutoGear.

No Result
View All Result
  • Latest News
  • AutoGear TV
  • Sustainable Mobility
  • Motorsports
    • Circuits
    • Rally
    • Rally raid
    • WEC
  • English
    • Português
    • Italiano
    • Français
    • Español
    • English
    • Deutsch
    • 日本語

© 2023 AutoGear - Todos os direitos reservados AutoGear.

Enable Notifications OK No thanks