Tag: volkswagen
Volkswagen slashes the value of its stake in Northvolt, the beleaguered battery manufacturer
Volkswagen bet big on European-made batteries a few years ago with two massive investments in Northvolt, the Swedish manufacturer. Now the automaker’s €1.4...
VW taps former Rivian exec to run US business
Volkswagen of America has a new CEO: Rivian’s recently departed chief commercial officer Kjell Gruner.
The appointment comes just one week after VW parent...
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage...