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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.

Volkswagen Group and Rivian have officially embarked on a new joint venture to develop the EVs of the future. The agreement ...

The collaboration, focusing on automotive software and "electronic architecture" of vehicles, is based on an investment of up to $5.8 billion by Volkswagen in Rivian by 2027. "The partnership with ...

The companies first announced their cooperation earlier this summer. The goal of the 50:50 joint venture called ‘Rivian and VW Group Technology, LLC’ is to create class-leading software technology and ...

Hertz also took a US$1 billion non-cash impairment charge during the quarter, largely due to the lower value of the battery-electric and gas-powered vehicles in its fleet, the company said on Tuesday ...

VOLKSWAGEN (VW) and Rivian Automotive named leaders for their multi-billion US dollar joint venture (JV) and showcased a prototype electric vehicle (EV), signalling their commitment even as global EV ...

Good morning! It’s Wednesday, November 13, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories ...

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 ...

A form of lithium-ion battery called LFP is becoming increasingly popular among automakers due to its advantages on cost, safety, and materials.

Global professional services company GHD has launched a strategic project with Natural Resources Canada (NRCan) to deliver analytical solutions for fleet decarbonization in alignment with Canada’s ...