Rivian receives the next $1B from Volkswagen as sales struggles continue

Rivian, the German car giant hit a stage in the agreement with a giant Volkswagen, which will bring $ 1 billion in the form of a sales in the form of a home start. Rivian declared 10,661 vehicles delivered in the second quarter on Wednesday.

23% decrease in sales in the second quarter of 2024 and only Riva is just a little improvement in the first quarter of Riva 8,640 delivered home. The company has already lowered it Sales target for 2025 As a result of President Trump tariffs and trade wars, it is more expensive to build cars.

Rivian said he believed to deliver more than 40,000 to 46,000 houses on Wednesday this year. However, even the high end of this range will be sold, as a result, the result will be sold less than two years. All this is historically burned with billions of dollars and does everything that works especially for Rivian, which is 2026 of the more affordable SUV.

Payment from Volkswagen is the result of the secondary benefits of Riva in the first quarter of this year. In 2024, two carers announced a Technology Joint Venture Up to $ 5.8 billion. Along with the designs of Rivian, software and power architecture, employees presented to this joint venture. Volkswagen plans to use key technologies to strengthen future EVS. Last year, last year, the last year, the last year was a record of $ 1 billion in a record of $ 1 billion.

Rivian simplifies the design of existing consumer, R1s SUV and R1T Pickup truck for the last two years, because it was able to hit the stage of the total profit, because it was able to hit the R1S SUV and R1T pickup truck. These revised versions hit the road last year and were dramatically cheaper to build the company’s still overall money.

Things like Rivian can be more difficult for companies such as Rivian, the US Senate will be more difficult for companies such as Trump. This week, the US Senate will end the Federal Home Tax Credit.