VW Group continues investing in Rivian, but also thinks at its ICE supercars
July 01, 2025
Volkswagen has increased its stake in US partner Rivian. A second payment of one billion US dollars (approximately €850 million) became due on June 30, following Rivian’s achievement of the targets agreed upon in the contract. Meanwhile, the group also thinks about a new ‘Nova’ platform for its ICE/PHEV luxury and supercars. VW had invested […]