On Tuesday, the Biden administration announced a $6.6 billion loan to Rivian Automotive from the U.S. Department of Energy, aimed at resuming construction of the company’s paused factory in Georgia…..
German car giant the Volkswagen Group has raised its investment in US electric vehicle (EV) specialist Rivian, kickstarting their planned joint venture which will result in co-developed next-generation EV architecture….
As car makers face problems with demand and slower sales in connection with electric vehicles, Volkswagen is teaming up with EV producer Rivian. ADVERTISEMENT German car maker Volkswagen Group has….
By Akash Sriram and Abhirup Roy (Reuters) -Rivian will be able to slash a fifth of its material costs from electric SUVs and pickups by the end of 2024, CEO….
Photo: Rivian Rivian builds some outstanding electric vehicles. It also recently announced several new models, including the incredibly desirable R3X. To make those vehicles happen, though, Rivian needed money, and….
By Abhirup Roy, Victoria Waldersee SAN FRANCISCO/BERLIN (Reuters) -A few camouflaged Audis arrived secretly from Germany early this year at a facility of electric-vehicle maker Rivian in California, where some….
The deal of up to €4.68bn creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology. ADVERTISEMENT Under the agreement, VW said….
Irvine-based Rivian Automotive got a big financial boost on Tuesday, as Volkswagen agreed to invest up to $5 billion in a joint venture with the struggling manufacturer of electric trucks…..
Volkswagen, the German automaker, said on Tuesday that it would invest up to $5 billion in Rivian, a maker of electric trucks that has struggled to turn a profit, and….
