The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...

It’s refreshing to see manufacturers still making sedans that the average South African family can afford. The Volkswagen ...

The firms will share EV technology as they face slowing demand and competition from Chinese rivals.

Electric vehicle company Rivian has just gotten quite the investment boost from German automaker Volkswagon. The two already ...

The two carmakers on Tuesday said their joint venture, which was announced in June, would be led jointly by representatives from both companies: Rivian’s chief software officer, Wassym Bensaid, and VW ...

Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...

Volkswagen Group plans to invest up to $5.8 billion in Rivian and the joint venture by 2027. The initial $1 billion investment, the form of convertible notes, has already been made.

GTI makes 242 hp instead of last year’s 241 hp but R gets a 13 hp boost; both are available solely with a DSG transmission ...

Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...

The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...

Electric vehicle startup Rivian and German automobile giant Volkswagen finalized their joint venture Tuesday, a $5.8 billion deal that could prove transformational for both automakers.

Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the ...