Electric Rivilution
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- Bill
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Rivian and Volkwagen JV updates:
Cold Weather Testing Scheduled; Will Unlock Next $1B Investment
Winter testing is now officially set for Q1 2026. The next $1 billion investment from VW will be released upon the successful completion of cold-weather testing. The tests are designed to measure reliability and data flow within the zonal architecture under harsh conditions.
3 vehicles are scheduled to be tested: VW ID1, Scout, and an Audi model. Only one needs to pass tests in order to secure the $1B funding.
To review, here are the financial milestones of the VW investment deal:
Rivian JV tech could extend to combustion cars in future
Also, VW said today that Rivian JV tech could extend to combustion cars:
https://www.reuters.com/business/au...uld-extend-combustion-cars-future-2025-11-12/
Cold Weather Testing Scheduled; Will Unlock Next $1B Investment
Winter testing is now officially set for Q1 2026. The next $1 billion investment from VW will be released upon the successful completion of cold-weather testing. The tests are designed to measure reliability and data flow within the zonal architecture under harsh conditions.
3 vehicles are scheduled to be tested: VW ID1, Scout, and an Audi model. Only one needs to pass tests in order to secure the $1B funding.
To review, here are the financial milestones of the VW investment deal:
- Secured $1 billion (2025): Rivian met the requirement of achieving two consecutive quarters with a gross profit exceeding $50 million, unlocking a $1 billion investment from VW.
- Potential $1 billion (2026): Volkswagen will invest another $1 billion in 2026 upon the successful completion of cold-weather testing of the new EV platform.
- Total investment potential: The total potential investment from VW is up to $5.8 billion by 2027, with the remaining $3.5 billion tied to future operational, technical, and financial milestones.
Rivian JV tech could extend to combustion cars in future
Also, VW said today that Rivian JV tech could extend to combustion cars:
https://www.reuters.com/business/au...uld-extend-combustion-cars-future-2025-11-12/
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