VW to invest up to $5B into Rivian in software deal

#News

VW to invest up to $5B into Rivian in software deal

VW Group said Tuesday it will invest $1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $5 billion. The deal, which was announced Tuesday afternoon, sent Rivian’s shares up more than 36% in after-hours trading. Under the deal, VW Group will use Rivian’s […]

© 2024 TechCrunch. All rights reserved. For personal use only.

VW to invest up to $5B into Rivian in software deal

2024-06-26 06:06

4 views

Same Tag Posts

  1. MIT’s soft robotic system is designed to pack groceries ()
  2. Gemini’s data-analyzing abilities aren’t as good as Google claims ()
  3. The biggest data breaches in 2024: 1B stolen records and rising ()
  4. Apple finally supports RCS in iOS 18 update ()
  5. YC alum Fluently’s AI-powered English coach attracts $2M seed round ()
  6. NASA and Boeing deny Starliner crew is ‘stranded’: “We’re not in any rush to come home” ()
  7. Forget the debate, the Supreme Court just declared open season on regulators ()
  8. Robotics investments are gaining speed after post-pandemic slowdown ()
  9. Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz ()
  10. Agility’s humanoid robots are going to handle your Spanx ()

Same Category Posts