The new joint venture — Rivian and Volkswagen Group Technologies — will officially kick off November 13 as an independent company. And, if successful, it could be a boon for both companies.

Rivian received another $1 billion from the Volkswagen Group on June 30, the electric vehicle startup announced on Wednesday.

When the joint venture closes, Volkswagen said they’ll invest roughly $1.3 billion as consideration for additional background IP licenses, as well as a 50% equity stake in the venture.

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

European Union officials will spend July in talks with China. Tensions are high, hopes are low and stability is the end game.

Profits are in a tight squeeze as the world's second largest carmaker battles with fierce competition in China, the billion ...

Volkswagen has increased its stake in US partner Rivian. A second payment of one billion US dollars became due on 30 June, ...

Electric vehicle maker Rivian has received a major boost this week as German automotive giant Volkswagen unlocked a $1 ...

Rivian stock has trended upward recently despite facing challenges. Here is a look at where the stock could be in a year.

The share price of EV maker Rivian (NASDAQ: RIVN) remains volatile, but some Wall Street analysts see upside potential over ...

Rivian intentionally limited production at its plant in Illinois to retool it for 2026 model year vehicles, but said it's still on track to deliver up to 46,000 vehicles in 2025.

The result of a R4-billion investment into the facility located in the town previously known as Uitenhage, the Tengo, as its internal name states, will ride on the MQB A0 platform shared with the Polo ...