The loan is a critical step for the EV maker, which had halted work on its plant after struggling to become profitable.

O ne of the first beneficiaries of the Volkswagen and Rimac partnership to generate next-generation EV platforms will be ...

Irvine electric-vehicle maker Rivian has conditional approval for a $6.6-billion loan to fund the construction of a new plant ...

Rivian Automotive (NASDAQ: RIVN) shares jumped following news that Volkswagen (OTC: VWAGY) upped its potential investment in ...

Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...

Rivian won a “conditional commitment” from the Department of Energy for a $6.6 billion loan, highlighting Rivian’s improving ...

Rivian demonstrated its software on a drivable Audi Q6 prototype, achieving in three months of work what Volkswagen couldn't ...

The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian’s software and electrical ...

Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business on Tuesday, as the automaker faces ...

Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...

Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.

The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...