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 Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start on November 13. Through this JV, the companies plan to bring next-generation electrical architecture and best-in-class software technology for both companies’ future electri...| Volkswagen Group
EPA proposes ambitious new vehicle emissions standards to reduce pollution and accelerate transition to electric vehicles in the US.| Electrify News Site
Biden-Harris dedicate $1.3B to FHWA's CFI program, improving EV charging in cities, rural areas, and highways, with a target of 500k stations by 2030.| Electrify News Site
Volkswagen's New Auto strategy is reshaping mobility with smart, sustainable tech, expanding EV infrastructure, and driving future innovations.| Electrify News Site
Rivian, founded in 2009, builds electric vehicles like the R1T truck, R1S SUV, and EDV van, with operations across the US, Canada, and globally.| Electrify News Site
The highest auto interest rates and sticker prices in generations are wreaking havoc on American car budgets.| Electrify News Site