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Volkswagen becomes Rivian’s top shareholder displacing Amazon as its stake keeps climbing
Technology
Published on 5 May 2026
A $5.8 billion pact keeps VW’s control expanding fast
Volkswagen Group has overtaken Amazon to become Rivian’s top shareholder, with its influence set to keep growing. The shift is tied to a $5.8 billion joint venture, under which VW’s stake will continue expanding. The change signals a major reshuffle among Rivian’s key backers and could reshape expectations for the EV maker’s next phase.
- Volkswagen replaces Amazon as Rivian’s largest shareholder
- VW’s stake is set to keep increasing under a joint venture
- The $5.8 billion pact underpins the growing ownership shift
Read the full story at TechCrunch
This summarization was done by Beige for a story published on 
TechCrunch