1. Rivian-VW Joint Venture RV Tech Completes Winter Test, Unlocking $1 Billion Milestone Payment
The RV Tech joint venture between Volkswagen Group and Rivian has cleared a critical technical hurdle, announcing the successful completion of its winter testing program. This milestone is not just an engineering achievement; it triggers a substantial $1 billion payment from VW to Rivian, part of the $5.8 billion strat...