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Volkswagen Gets Much-Need Tech, Rivian A Cash Infusion With New JV

Rivian Volkswagen Oliver Blume VLKAF Germany Audi

Volkswagen (OTC:VLKAF) has boosted its initial investment in American electrical vehicle (EV) maker Rivian (NASDAQ:RIVN) to $5.8 billion, $800 million more than initially planned.

The German automaker decided to increase its initial investment, when the companies launched on November 13 the newly established company, Rivian and VW Group Technology, LLC. The venture, announced in June, will be headquartered in Palo Alto, California, representing a cross-continent effort to advance EV technology.

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Mexico surf trip triple murder trial nears verdict for accused killers as victims’ family calls for ‘exemplary punishment’

Mexico surf trip triple murder trial nears verdict for accused killers as victims’ family calls for ‘exemplary punishment’

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Hurricane Isaias live updates: airports close in Alabama and Florida as category 3 storm nears Gulf coast

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A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A fake substitute teacher said she 'hates kids.'

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'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

Ottumwa erupts in controversy after a city council invocation ends with 'Hail Satan', prompting a pastor to demand a curse reversal as officials review the policy.

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Top stories on inkl right now

Mexico surf trip triple murder trial nears verdict for accused killers as victims’ family calls for ‘exemplary punishment’

Mexico surf trip triple murder trial nears verdict for accused killers as victims’ family calls for ‘exemplary punishment’

Natalie Rob, the wife of the American victim, addressed the court by video call, saying that living without her husband was ‘the greatest pain of my life’

The Independent UK

Mike Ditka cause of death: Hall of Fame Bears legend was days away from 87th birthday as health struggles resurface. Full statement of family revealed

Mike Ditka cause of death: Hall of Fame Bears legend was days away from 87th birthday as health struggles resurface. Full statement of family revealed

Mike Ditka, the iconic figure in football, passed away at 86, just before celebrating his 87th birthday on October 18. His family released a touching announcement that paid tribute to him as a cherished husband and father. Remembered fondly as 'Iron Mike', Ditka's legacy includes a remarkable career as both…

The Economic Times

In effort to avoid the rain, NASCAR changes practice and qualifying schedule for Charlotte

In effort to avoid the rain, NASCAR changes practice and qualifying schedule for Charlotte

Hurricane Isaias is going to adversely impact the NASCAR weekend at Charlotte, and series officials have reacted

Hurricane Isaias live updates: airports close in Alabama and Florida as category 3 storm nears Gulf coast

Hurricane Isaias live updates: airports close in Alabama and Florida as category 3 storm nears Gulf coast

Florida panhandle directly in Isaias’ path as officials warn of life-threatening storm surge and hurricane-force winds in parts of Florida, Mississippi and Alabama

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A woman allegedly posed as a substitute teacher in her old high school before telling the polices she ‘hates kids’

A fake substitute teacher said she 'hates kids.'

We Got This Covered

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

'Hail Satan' Erupts at Iowa City Council Meeting as Pastor Demands 'Curse' Be Reversed

Ottumwa erupts in controversy after a city council invocation ends with 'Hail Satan', prompting a pastor to demand a curse reversal as officials review the policy.

International Business Times UK

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‘Striking and personal’ self-portrait by David Bowie up for auction

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