Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to accelerate the shift to electric vehicles. In June, we learned Volkswagen would ...
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader aspirations than initially announced for the operations. VW's capital ...
Faced with waning EV demand in Europe and intensifying competition in China, where buyers gravitate toward local models, VW is currently considering large-scale cost reductions in Germany.