Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...
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 ...
VW Group and Rivian form technology joint venture focused on electrical architecture and software development.
Rivian (RIVN) is losing over $1B per quarter, or $30K-$40K on each truck it sells, with current volumes not enough to sustain ...
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
The German automotive giant said that it was committing to a $5.8 billion investment to boost its transition to electric ...
VW, which plans to close three plants in its home market in Germany due to slow sales, will invest $5.8 billion in Rivian.
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
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 ...