Winter testing has been completed for the VW ID.

EVERY1, the first vehicle under a joint venture between Rivian and Volkswagen Group to be equipped with the EV maker’s software and electrical architecture.

That’s not just progress toward getting this vehicle into customers’ hands; it also unlocks another $1 billion investment from Volkswagen Group into Rivian.

About $750 million is coming in the form of an equity investment.

The other $250 million is either equity or convertible debt, depending on which prototypes Volkswagen Group provided to Rivian for testing. (The companies did not make this immediately clear. )

The German automotive giant has already invested a little more than $3 billion in Rivian as part of the joint venture.

And there’s more to come.

Rivian will be able to borrow up to $1 billion from Volkswagen Group starting in October.

Rivian also gets another $460 million equity investment from Volkswagen after the first vehicle goes on sale using the joint venture’s tech.

All told, the deal could be worth as much as $5

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