{"id":159269,"date":"2024-11-13T12:20:46","date_gmt":"2024-11-13T11:20:46","guid":{"rendered":"https:\/\/newmobility.news\/?p=159269"},"modified":"2024-11-15T13:08:02","modified_gmt":"2024-11-15T12:08:02","slug":"volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2024\/11\/13\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\/","title":{"rendered":"Volkswagen and Rivian officially launch joint venture in \u20ac5.8 billion EV push"},"content":{"rendered":"<p>Volkswagen and Rivian have officially launched their joint venture, \u201cRivian and VW Group Technology, LLC,\u201d which aims to accelerate the development of battery-powered vehicles and boost software architectures. The collaboration, valued at \u20ac5.8 billion, marks a significant increase from the \u20ac5 billion investment initially announced in June. The venture begins operations today.<\/p><p>Speaking at the launch event in Palo Alto, California, Volkswagen Group CEO Oliver Blume emphasized the partnership\u2019s potential to transform both companies\u2019 EV trajectories. \u201cThis collaboration brings together Rivian\u2019s innovative software capabilities and Volkswagen\u2019s global scale, enabling us to deliver cutting-edge solutions at reduced costs,\u201d Blume stated.<\/p><div class=\"leaky_paywall_message_wrap\"><div id=\"leaky_paywall_message\">This content has been archived. <a href=\"https:\/\/newmobility.news\/en\/subscription\/\">Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Volkswagen and Rivian have officially launched their joint venture, \u201cRivian and VW Group Technology, LLC,\u201d which aims to accelerate the development of battery-powered vehicles and boost software architectures. The collaboration, valued at \u20ac5.8 billion, marks a significant increase from the \u20ac5 billion investment initially announced in June. The venture begins operations today.Speaking at the launch [&hellip;]<\/p>\n","protected":false},"author":715,"featured_media":159270,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[16,8,6,4,77165,17],"tags":[],"class_list":["post-159269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","category-product","category-technology","category-top-stories-today","category-usa","category-weekly-newsletter"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=1800%2C1200&ssl=1",1800,1200,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=300%2C200&ssl=1",300,200,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=640%2C427&ssl=1",640,427,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=640%2C427&ssl=1",640,427,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=1536%2C1024&ssl=1",1536,1024,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=1800%2C1200&ssl=1",1800,1200,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=18%2C12&ssl=1",18,12,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=560%2C373&ssl=1",560,373,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=1536%2C240&ssl=1",1536,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=1536%2C180&ssl=1",1536,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=1800%2C180&ssl=1",1800,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen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and Rivian have officially launched their joint venture, \u201cRivian and VW Group Technology, LLC,\u201d which aims to accelerate the development of battery-powered vehicles and boost software architectures. The collaboration, valued at \u20ac5.8 billion, marks a significant increase from the \u20ac5 billion investment initially announced in June. The venture begins operations today.Speaking at the launch event in Palo Alto, California, Volkswagen Group CEO Oliver Blume emphasized the partnership\u2019s potential to transform both companies\u2019 EV trajectories. \u201cThis collaboration brings together Rivian\u2019s innovative software capabilities and Volkswagen\u2019s global scale, enabling us to deliver cutting-edge solutions at reduced costs,\u201d Blume stated.This content has&hellip;<\/p>\n","category_list_v2":"<a href=\"https:\/\/newmobility.news\/en\/category\/industry\/\" rel=\"category tag\">Industry<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/product\/\" rel=\"category tag\">Product<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/technology\/\" rel=\"category tag\">Technology<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/top-stories-today\/\" rel=\"category tag\">Top Stories Today<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/usa\/\" rel=\"category tag\">USA<\/a>, <a href=\"https:\/\/newmobility.news\/en\/category\/weekly-newsletter\/\" rel=\"category tag\">Weekly Newsletter<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Volkswagen and Rivian officially launch joint venture in \u20ac5.8 billion EV push - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/11\/13\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Volkswagen and Rivian officially launch joint venture in \u20ac5.8 billion EV push - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"Volkswagen and Rivian have officially launched their joint venture, \u201cRivian and VW Group Technology, LLC,\u201d which aims to accelerate the development of battery-powered vehicles and boost software architectures. The collaboration, valued at \u20ac5.8 billion, marks a significant increase from the \u20ac5 billion investment initially announced in June. The venture begins operations today.Speaking at the launch [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/newmobility.news\/en\/2024\/11\/13\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\/\" \/>\n<meta property=\"og:site_name\" content=\"newmobility.news\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/search\/top\/?q=newmobility.news\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-13T11:20:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-15T12:08:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/newmobility.news\/wp-content\/uploads\/2024\/11\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Piet Andries\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:site\" content=\"@jorisvry\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Piet Andries\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/\"},\"author\":{\"name\":\"Piet Andries\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/#\\\/schema\\\/person\\\/a5b306e499388c9ea0a3a4f6704d7081\"},\"headline\":\"Volkswagen and Rivian officially launch joint venture in \u20ac5.8 billion EV push\",\"datePublished\":\"2024-11-13T11:20:46+00:00\",\"dateModified\":\"2024-11-15T12:08:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/\"},\"wordCount\":500,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/newmobility.news\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/volkswagen-group-ceo-oliver-blume-and-rivian-founder-and-ceo-rj-scaringe.jpg?fit=1800%2C1200&ssl=1\",\"articleSection\":[\"Industry\",\"Product\",\"Technology\",\"Top Stories Today\",\"USA\",\"Weekly Newsletter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/\",\"url\":\"https:\\\/\\\/newmobility.news\\\/2024\\\/11\\\/13\\\/volkswagen-and-rivian-officially-launch-joint-venture-in-e5-8-billion-ev-push\\\/\",\"name\":\"Volkswagen and Rivian officially launch joint venture in \u20ac5.8 billion EV push - 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