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Volkswagen becomes Rivian’s top shareholder, displacing Amazon

Volkswagen has surpassed Amazon to become the largest shareholder in Rivian, marking a significant shift in the electric vehicle sector. The German automaker increased its stake to 15.9%, part of a strategic move to develop electrical archi...

TechCrunch· May 5, 2026 · 9:11 PM · 21 views

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Volkswagen has surpassed Amazon to become the largest shareholder in Rivian, marking a significant shift in the electric vehicle sector. The German automaker increased its stake to 15.9%, part of a strategic move to develop electrical architecture and software. This partnership could lead to future tech licensing deals, excluding AI and autonomy. #Volkswagen #Rivian #EV #Amazon #Investment #AutomotiveNews

Originally reported by TechCrunch. Read the full story →

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