Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...

Oliver Blume, CEO of the $348 billion auto juggernaut Volkswagen, lives life in the fast lane. The dual boss of the luxury ...

The companies said the deal is now up to $5.8 billion – up from up to $5 billion – with the first VW models to use Rivian's ...

Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...

The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in ...

The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of ...

The venture will be jointly run by Rivian's Chief Software Officer, Wassym Bensaid, and Carsten Helbing, Volkswagen Group's ...

VW Group CEO Oliver Blume said Tuesday that Cariad will continue to play a “central role” in its global software strategy at Volkswagen Group, adding the software arm will be responsible for the ...

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Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – "Rivian and VW Group Technology, LLC", known as ...

VW Group CEO Oliver Blume sees no alternative to tough cost-cutting measures at Volkswagen, according to an newspaper interview published on Sunday. "The goal for cost and capacity adjustments has ...

The unit - set up under former VW group CEO Herbert Diess -has exceeded its budget and failed to meet goals, contributing to Diess' departure and replacement by Oliver Blume last September.