What’s behind Volkswagen’s $5 billion EV software bet on Rivian?
Volkswagen, Europe's biggest carmaker, plans to spend as much as $5 billion on an EV software partnership with U.S.-based Rivian
Rivian jumps as $5 billion Volkswagen investment signals ‘vote of confidence’
Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen bolstered the loss-making startup
Volkswagen stock slips on cost, implications of Rivian JV; Rivian soars
VW shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. EV maker Rivian
Volkswagen’s $5 billion investment in Rivian boosts EV maker’s shares
The partnership will help Volkswagen accelerate its plans to develop software-defined vehicles (SDV).
Exxon, South Korea’s SK On sign non-binding deal for lithium supply
Battery maker SK On will use the lithium for EV batteries.
Top German minister on peace mission amid China EV tariffs row
Germany's Vice Chancellor Robert Habeck will arrive in Beijing on Friday on a last-ditch mission to avoid a damaging trade war with China...
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the EU dropped 12% in May from a year earlier, led by a 30% plunge in Germany,...
Chinese automakers seek retaliatory tariffs on EU cars, state media reports
Chinese automakers have urged Beijing to hike tariffs on imported European gasoline-powered cars in retaliation for Brussels' curbs on exports of Chinese-made EVs
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
Tesla shareholders approved CEO Elon Musk's $56bn pay package, but the electric car maker's stock remains richly valued even after several years of...
Natural gas opposition ‘ideological,’ new Ontario energy minister says
Ontario's new energy minister is unapologetic about the use of natural gas to partly fuel growing energy needs in Canada's largest province, calling...
