Volkswagen says it will initially invest $1bn in Rivian, Tesla's rival with an additional $4 billion by 2026.

Volkswagen plans to invest up to $7.5 billion in Rivian to get access to the EV startup's software and electrical architecture and work with it on...

German auto giant Volkswagen will invest $5 billion in US electric vehicle maker Rivian and create a joint venture expected to produce technology used...

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.

Shares in the US-based electric truck and SUV maker jumped by almost 50% after the announcement.

VW will get access to EV technology and a partner to develop next-gen vehicles and software

The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.

Volkswagen will invest up to $US5 billion ($A7.5 billion) in struggling US electric vehicle startup Rivian in one of its most significant moves in the...

Amazon said Wednesday it will invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, the US tech giant's...

Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker...