Volkswagen and Rivian Form Joint Venture, Deepening Alliance
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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Tesla’s Stock Jumps After Trump’s Victory
Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.
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Volkswagen Will Invest Up to $5 Billion in Rivian
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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E.V. Maker Fisker Files for Bankruptcy as Cash Runs Short
The company became the latest electric vehicle start-up to fail to meet investors’ expectations after a high-profile public debut.
