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

Oliver Blume, CEO of the $348 billion auto juggernaut Volkswagen, lives life in the fast lane. The dual boss of the luxury ...

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 ...

The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...

The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...

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

Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create ...

Speaking during a conference call, Volkswagen CEO Oliver Blume said the next-gen platform will first be deployed for ...

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

Shares of the Irvine-based electric vehicle maker soared 20% to $12.68 and a $12.9 billion market cap (Nasdaq: RIVN).

VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...

VW's investment in Rivian is growing as the joint venture gets off the ground for software and electrical architecture.