Volkswagen becomes Rivian’s top shareholder, displacing Amazon
VW Group’s stake will continue to grow under the $5.8 billion joint venture with Rivian.
VW Group’s stake will continue to grow under the $5.8 billion joint venture with Rivian.
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Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
Rivian has reworked its loan deal with the Department of Energy and now expects to borrow $4.5 billion to build its new factory in Georgia, down from the original amount of $6.6 billion.
The company’s all-important mass-market EV is just about ready to start heading to customers.
Nobody was hurt after an EF-1 tornado hit the part of the factory where the R2 SUV is supposed to be built.
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DoorDash joins Greenoaks Capital in another $200 million funding round for Also, bringing its total funding to more than $500 million.
The two companies have been collaborating on a joint venture that would see Rivian tech go in VW’s EVs.
Welcome back to TechCrunch Mobility, your central hub for news and insights on the future of transportation.