# Volkswagen has pushed Amazon out of the top spot to become Rivian's largest shareholder.

*business · news · 2026-05-05 · TechCrunch*

## Key points

- Volkswagen has become Rivian’s largest shareholder, surpassing Amazon with a 15.9% stake.
- VW’s stake will continue rising as Rivian hits technical milestones tied to their $5.8 billion investment agreement.
- The first joint product, the VW ID.EVERY1 hatchback, will use Rivian-developed software and electrical architecture.
- The VW-Rivian joint venture specifically excludes AI and autonomy, which Rivian continues to develop independently.
- Rivian’s intense spending on autonomy has delayed its profitability target to after 2027.

**Companies:** Volkswagen, Amazon, Rivian
**Countries:** Germany, United States

[Read the full story on TechCrunch](https://techcrunch.com/2026/05/05/volkswagen-becomes-rivians-top-shareholder-displacing-amazon/)

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