Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.

Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. Shares of Rivian ...

Rivian (RIVN) stock rose as much as 16% in early afternoon trade on Wednesday after the EV maker announced an expansion of its partnership with Volkswagen (VWAGY), with the German automaker ...

The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to reach the next stage of growth. That stage came within reach in June ...

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 ...

Rivian experienced a production and supplier issue in the third quarter. Deliveries have slumped in 2024, which was partly expected. Rivian can still produce positive gross profits, partly thanks ...

Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to ...

Rivian Automotive (NASDAQ:RIVN) and Volkswagen Group (OTCPK:VLKAF) (OTCPK:VWAGY) formally announced their transaction agreement to create their new joint venture after tipping off a major ...

Rivian has closed a deal with Volkswagen that could be worth up to $5.8 billion over the next several years. The two automakers will form a joint venture to develop and produce Rivian's next ...

Rivian and Volkswagen made their joint-venture plans official, with the German carmaker raising the investment to $5.8 billion or $800 million more than initially planned. Rivian appears to get ...

Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in ...