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The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.

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Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.

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Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.

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The National Highway Traffic Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.

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Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.

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BYD is outperforming Tesla in several critical areas according to ABI Research. In its latest report, which compares the performance of 18 electric car manufacturers,

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Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.

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VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

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