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Rivian announces availability of Volkswagen Group’s USD 1 billion ten-year loan financing

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News brief

On 2026/10/7, Rivian Automotive announced that Volkswagen Group’s committed USD 1 billion, 10-year term loan facility under their existing joint venture agreement was available. The loan is non-recourse to Rivian. The joint venture was established in 2024/11, with the agreement’s total value up to USD 5.8 billion.

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English text is maintained separately from the original record. Consult the original source before citing a fact.

  1. wap.stockstar.com ↗Published Oct 7, 2026
Original source text

Names may use phonetic renderings when no English name is supplied. The original wording is retained below.

2026年10月7日,Rivian Automotive宣布,大众汽车集团根据双方现有合资协议承诺的10亿美元、10年期定期贷款额度已到位。该贷款对Rivian无追索权,双方合资公司成立于2024年11月,协议总价值最高58亿美元。