Volkswagen will invest up to $5.8bn into Rivian as part of a new joint venture that’ll see them both working extremely closely on their future electric cars.

Despite a 9% decline in product revenue, Cisco saw a 6% increase in services revenue. One standout was the robust growth in ...

U.S. stocks are drifting near their records after the latest inflation update boosted hopes that more help for the economy ...

The new Tayron has arrived! – The large Volkswagen SUV with five or optionally seven seats is positioned between the Touareg ...

Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...

The joint venture will also support the launch of new Volkswagen models by 2027. By 2027, Volkswagen will invest up to $5.8 ...

Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...

Rivian’s stock surged more than 17% on Wednesday afternoon to $12.45 in New York. Volkswagen shares fell 2.3% in Frankfurt. Both companies in June agreed to develop battery-powered vehicles together, ...

VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...

Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...

Volkswagen, Nissan, Stellantis, and others have all announced plans to reduce their workforce. Although the company said ...

Rivian launches a new joint venture with Volkswagen, named Rivian and Volkswagen Group Technologies. The joint venture is valued at up $5.8 billion. Rivian Automotive, Inc. RIVN stock is moving higher ...