News Volkswagen’s stake in Rivian grows to $5.8B, joint venture now formedNovember 13, 202403 Mins Read VW’s taking a larger stake in Rivian, now up to $5.8 billion Rivian and VW’s joint venture has formally been…
News Volkswagen takes a $5B stake in RivianJune 26, 202402 Mins Read Volkswagen just bought a $5 billion stake in Rivian The cash infusion will help bring the smaller Rivian R2 to…
News Audi takes 100% stake in Sauber F1 teamMarch 8, 202402 Mins Read Audi on Friday announced that it is taking a 100% stake in the Sauber F1 team in preparation for entering…
News Volvo ditching most of its stake in PolestarFebruary 23, 202402 Mins Read Volvo on Friday said it planned to reduce its stake in Polestar by 62%, and cease funding the electric vehicle…
News Volvo stops funding Polestar, hands stake to Chinese-owned GeelyFebruary 1, 202402 Mins Read Funding and control of Polestar is shifting. On Thursday Volvo announced it is shifting “full operational and financial support” of…
News Audi buys stake in Sauber F1 teamFebruary 1, 202302 Mins Read Audi has purchased a stake in the Sauber Formula 1 team, ahead of its plan to compete in the sport…