Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its ...

Now is not a good time to own an electric car dealership. Regulatory uncertainty is confusing customers in many countries, ...

VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...

A symbol of German industrial power, Volkswagen is facing major financial difficulties. How did the emblem of “deutsche ...

Rivian is receiving $2.3 billion this year, followed by up to $3.5 billion by late 2027 or early 2028, based on negotiated ...

Rivian and Volkswagen announced an expanded joint venture Tuesday night, with the first resulting VW vehicles due as as early ...

About 54,000 have applied for low-interest loans from a disaster fund operated by the Small Business Administration, but the money has all dried up. Biden administration officials are pressuring ...

Volkswagen is planning something unprecedented, and it could have an even bigger impact on the company than Dieselgate. It expects to shutter three of its factories in Germany, putting tens of ...

VW’s new offshoot EV company Scout Motors ... being developed by the joint venture between Rivian and the Volkswagen Group. Rivian Chief Software Officer Wassym Bensaid confirmed to TechCrunch ...

This is a huge problem for a company that has embraced EVs and Volkswagen said the sentiment helped push electric vehicle deliveries 4.7% lower than a year ago. While it’s been a rough few ...