The JV will be co-led by Rivian’s software chief, Wassym Bensaid, and VW Group’s chief technology engineer, Carsten Helbing.

The investment boost comes at a crucial time for Rivian, which aims to cut costs, achieve profitability, and launch its ...

Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from ...

Volkswagen is committing up to $5.8 billion to the joint venture through 2027, starting with an initial $1 billion investment ...

Rivian and Volkswagen Group have announced the formation of a new joint venture (JV) focused on accelerating electric vehicle ...

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

Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle ...

On November 13, Rivian Automotive and Volkswagen Group officially launched their joint venture—Rivian and Volkswagen Group Technologies, LLC. This collaboration marks a crucial milestone for both ...

Wedbush describes this development as “a large step in the right direction and a key move for Rivian going forward.” The ...

Lingering production issues have hit Rivian lately, and its deliveries also fell 36% year over year in the third quarter. The company recently cut its full-year production target to 47,000 to 49,000 ...

"Nissan and Mitsubishi launch JV for Level 4 autonomous EV services" was originally created and published by Just Auto, a ...

But buggy software delayed key electric models ... and thereby improve its own vehicle margins. VW’s new Scout brand also plans to use technology from the Rivian-VW JV, he said.