Despite a 9% decline in product revenue, Cisco saw a 6% increase in services revenue. One standout was the robust growth in ...
Volkswagen initially pledged an investment of up to $5bn (£ ... increase scale and lower the cost of owning an EV for ...
Ford has already reduced production of its two brand new EVs, the Explorer and the Capri, due to low demand. Production at ...
Volkswagen’s new commitment to their deal with Rivian is a hit on Wall Street. Rivian stocks jumped Wednesday afternoon after ...
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
The joint venture will also support the launch of new Volkswagen models by 2027 ... increase scale and lower the cost of ...
New VW ID-based Capri crossover and its boxy Explorer brother are being throttled back as employees at the Cologne, Germany, ...
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...
Faced with waning EV demand in Europe and intensifying competition in China ... and thereby improve its own vehicle margins. VW’s new Scout brand also plans to use technology from the Rivian-VW JV, he ...
The new technology and platforms will be used to support international EV markets. Rivian and VW Group Technology, LLC will ...
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
Volkswagen Group has expanded its planned investment in electric vehicle (EV) startup Rivian Automotive, increasing the total ...