Electric vehicle startup Rivian and German automobile giant Volkswagen finalized their joint venture this week, a $5.8 billion deal that could prove transformational for both automakers.

Rivian received a $1 billion equity investment from Volkswagen at a price of $19.42, which represents a 33% premium to the $14.56 30-trading-day volume-weighted average stock price, according to ...

With Rivian’s help, the next-gen Volkswagen Golf EV promises to deliver much more with advanced tech and software. Meanwhile, Rivian plans to launch an even smaller and more affordable R3 ...

Volkswagen unveiled the ID.EVERY1 on Wednesday, with a version of the compact EV set to go on sale for 20,000 euros ($21,500) in Europe by 2027.

Rivian ’s partnership with Volkswagen could be a game-changer for more than the two automakers. The $5.8 billion joint venture, announced in late 2024, focuses on integrating Rivian’s advanced ...

Rivian's recent delivery and production numbers exceeded expectations, driven by a crucial partnership with Volkswagen. Read why I rate RIVN stock a Hold now.

When and how Rivian will receive up to $5.8 billion from Volkswagen Rivian CFO Claire McDonough said that the deal is worth "up to $5.8 billion," a total that includes an optional $1 billion loan.

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.

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 ...

Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle ...