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Rivian - 3 RJ Scaringe - 2 We're - 2 Scaringe - 2 Bensaid - 2 — - 2 Oliver Blume - 1 Wassym - 1
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Search resuls for: "Wassym"


4 mentions found


☆ Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
  + stars: | 2024-11-12 | by ( Michael Wayland | ) www.cnbc.com   time to read: +2 min
Rivian Automotive and Volkswagen Group have released details of their previously announced joint venture ahead of the operations launching Wednesday. The name of the joint venture, which was expected to close during the fourth quarter, is "Rivian and VW Group Technology, LLC." At the closing of the joint venture, VW will invest about $1.3 billion "as consideration for background IP licenses and a 50% equity stake in the joint venture." The joint venture will be headed by Rivian Chief Software Officer Wassym Bensaid and VW Group Chief Technical Engineer Carsten Helbing. The companies said developers and software engineers from both companies will join the joint venture.
Persons: Oliver Blume, RJ Scaringe, We're, Rivian, Scaringe, Wassym, Carsten Helbing Organizations: Volkswagen Group, Rivian Automotive, VW, Volkswagen, VW Group Technology, Rivian, VW Group Locations: Rivian, Normal , Illinois, Georgia, Palo Alto , California, North America, Europe
☆ Rivian's head of software says the company is not trying to be like Tesla regarding automation
  + stars: | 2024-11-04 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
Rivian Chief Software Officer Wassym Bensaid says the future of cars will be hands-free. Related storiesA $5 billion investment from Volkswagen announced in June could help the struggling EV company deliver on its cheapest model yet, the R2, priced at $45,000 and set to launch in 2026. In January, Goldman Sachs analysts said Rivian's software is "a key part of the value proposition and monetization opportunity" for the company. "Software is, really behind the scenes, pervasive throughout the entire company," Bensaid told BI. "And we see Rivian as a tech company.
Persons: Wassym Bensaid, Bensaid, —, we're, robotaxis, wasn't, RJ Scaringe, EVs, Scaringe, Kleiner Perkins, Tesla, Rivian, We're, Goldman Sachs Organizations: Service, Business, Rivian, TechCrunch, CSO, EV, Motors, Volkswagen, Tesla Locations: Irvine , California, San Francisco
☆ A Rivian customer waited 3 years for his dream car. It died within days.
  + stars: | 2023-06-12 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +7 min
When Chase Merrill took his first ride in his new Rivian R1S, it was his favorite car that he had ever driven. "I hit about 2 ½-feet of snow and it just stopped right there," Merrill told Insider. Rivian risks alienating early adoptersChase Merrill's Rivian R1S the day it was delivered. For a young company like Rivian, these early fans can make or break its reputation, shareholders, analysts, and Rivian investors have told Insider. Merrill's Rivian returns with an error messageChase Merrill's Rivian R1S was loaded onto a flatbed tow truck.
Persons: I'm, Chase Merrill, Merrill, Rivian's, Bensaid, Chase Merrill's Rivian, Chase Merrill Merrill isn't, Rivian, —, Tony Caravano, Caravano, Merrill's Rivian, Chase, Rivian R1S, it's Organizations: Morning, Merrill, Toyota, EV Locations: , New York, snowbanks, Chelsea , Massachusetts, Toyota Tacoma
☆ A Rivian buyer got his dream car after a 3-year wait. Days later, the car was dead and he faced a $2,100 bill.
  + stars: | 2023-03-25 | by ( Nora Naughton | ) www.businessinsider.com   time to read: +7 min
In an interview with Insider, Rivian executives said the car did exactly what it was programmed to do in a dangerous slide-away situation. Rivian risks alienating early adoptersChase Merrill's Rivian R1S the day it was delivered. Chase MerrillMerrill isn't the first early Rivian fan to start souring on the company. Merrill's Rivian returns with an error messageChase Merrill's disabled Rivian R1S is loaded onto a flatbed tow truck. After Insider called Rivian this week to ask about Merrill's experience, a Rivian representative called Merrill and offered to cover the $2,100 bill.
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