Volkswagen takes a $5B stake in Rivian

Xpeng Mona M03 is a hatchback with 621 liters trunk space

We thought that the Xpeng Mona M03 was going to be unveiled last week, it wasn’t. Instead, Xpeng seems to be intent on teasing us with information bit by bit. Last week it was the low drag coefficient. This week it’s that the trunk space is 621 liters. What’s more news to us, though, is […]

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Volkswagen takes a $5B stake in Rivian

2025 Rivian R1TVolkswagen just bought a $5 billion stake in Rivian The cash infusion will help bring the smaller Rivian R2 to market The deal gives VW access to Rivian's software and zonal electronics platform The Volkswagen Group will invest up to $5 billion in Rivian, laying the groundwork for collaboration on future EVs, the two automakers announced Tuesday...