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News June 25, 2024 0 comments on Volkswagen invests up to $5 billion in Rivian to form joint venture

Volkswagen invests up to $5 billion in Rivian to form joint venture

by Darryn John

Volkswagen has announced a substantial investment in Rivian, with the German automaker committing an initial US$1 billion (C$1.35 billion), with the potential for the total investment to grow to as much as US$5 billion (C$6.75 […]

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News September 8, 2022 0 comments on Mercedes and Rivian partner on EV van production in Europe

Mercedes and Rivian partner on EV van production in Europe

by Scott Nordlund

Mercedes-Benz and Rivian announced the two companies are forming a strategic partnership to produce electric vans in Europe. The two companies signed a Memorandum of Understanding subject to final, binding agreements and regulatory clearances. The […]

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News September 7, 2022 0 comments on Honda to set up a joint venture in China to procure EV batteries

Honda to set up a joint venture in China to procure EV batteries

by Scott Nordlund

Honda announced that they will establish a joint venture with China-based Dongfeng Motor Group and Guangzhou Automobile Group to procure electric vehicle (EV) batteries. The company will be set up in China by the end […]

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