<ul><li>Rivian and Volkswagen are expanding their joint venture and increasing their total investment to $5.8 billion.</li><li>The joint venture aims to launch cars equipped with Rivian's technology and software.</li><li>Rivian's R2 is expected to be launched in the first half of 2026, with Volkswagen's first models following in 2027.</li><li>The collaboration will help both companies navigate the electric vehicle transition and strengthen their global competitive position.</li></ul>

Rivian and Volkswagen expand joint venture in hopes of surviving EV transition

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