The Volkswagen-Rivian joint venture dynamics / Arpita Agnihotri, Saurabh Bhattacharya.

Format:

Book

Author/Creator:

Agnihotri, Arpita, author.

Bhattacharya, Saurabh, author.

Series:

SAGE business cases.

SAGE business cases

Language:

English

Subjects (All):

Joint ventures--Case studies.

Joint ventures.

Physical Description:

1 online resource.

Place of Publication:

London : SAGE Publications: SAGE Business Cases Originals, 2026.

Summary:

The case follows the strategy taken by Germany-based Volkswagen AG (Volkswagen), which intended to double its U.S. market share between 2023 and 2030. For this purpose, Volkswagen entered a joint venture with electric vehicle (EV) startup Rivian Automotive Inc. (Rivian). Volkswagen's objective for the joint venture was to gain access to Rivian's software technology know-how. Volkswagen faced software issues with its organically developed EVs, such as its electric ID.3 and ID.4. Rivian also benefited from the alliance, as Volkswagen rendered the financial capital that Rivian needed for its growth. However, Volkswagen investors did not respond positively to the partnership news, though for Rivian, the share price increased by 40%. Analysts were also skeptical about the differences in workplace culture, with Rivian having a more fast-paced culture. Experts were concerned about the continuity of the partnership. Why did Volkswagen experience a decline in share price, though Rivian's share price increased? What were the drivers of alliance formation? What are the chances of terminating the joint venture between Volkswagen and Rivian?

Notes:

Description based on XML content.

ISBN:

1-0718-7957-X

9781071879573

OCLC:

1569208650

Publisher Number:

T295317