Volkswagen acquires $1 billion stake in electric vehicle maker

Workers assemble second-generation R1 vehicles at electric car maker Rivian's manufacturing facility in Normal, Illinois, on June 21, 2024. Joel…

EV startups Rivian, Lucid and Nikola try to shore up cash

R1T trucks on the assembly line at Rivian's electric vehicle plant in Normal on April 11, 2022. Brian Cassella |…