Rivian gets another $1B from Volkswagen
The two companies have been collaborating on a joint venture that would see Rivian tech go in VW’s EVs.
The two companies have been collaborating on a joint venture that would see Rivian tech go in VW’s EVs.
Volkswagen subsidiary MOIA America still has a long and winding regulatory road before it can launch a commercial robotaxi service.
All resources at its U.S. factory are aimed at the upcoming Atlas SUV.
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VW Group’s stake will continue to grow under the $5.8 billion joint venture with Rivian.
The indictment, which was unsealed Friday, alleges the Volkswagen engineers used confidential insider information to buy stock in Rivian.