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. Automobiles, Volkswagen AG, Rivian Automotive LLC, Electric and Hybrid Vehicles, Mergers, Acquisitions and Divestitures, Stocks and Bonds, Software, Production, Factories and Manufacturing, Sports Utility Vehicles and Light Trucks, Prices (Fares, Fees and Rates), Computers and the Internet 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. NYT > Business

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