Cloaked Audis, covert CEO meeting: How VW"s $5B Rivian bet unfolded
The deal is crucial for both companies as Rivian gets a financial lifeline to survive a sharp slowdown in EV demand and VW receives low-cost, high-performance EV technology that traditional automakers have struggled to master......»»
Volkswagen"s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout"s Planned Revival
Volkswagen"s $5 Billion Investment In Rivian Has Some Experts Concerned About Scout"s Planned Revival.....»»
New Rivian R1S: Everything new in the second-gen model
Rivian is bringing a huge update to the Rivian R1S, its premium electric SUV. Here's everything that's new in the second-generation model......»»
Cloaked Audis, covert CEO meeting: How VW"s $5B Rivian bet unfolded
The deal is crucial for both companies as Rivian gets a financial lifeline to survive a sharp slowdown in EV demand and VW receives low-cost, high-performance EV technology that traditional automakers have struggled to master......»»
Rivian reaffirms flat 2024 production of 57,000 vehicles during investor event
Rivian's stock price was falling in midday trading after the automaker projected second-quarter deliveries in the 13,000-13,300 range and mostly flat production for the year......»»
Cloaked Audis, covert CEO meeting: how VW"s $5 billion Rivian bet transpired
Cloaked Audis, covert CEO meeting: how VW"s $5 billion Rivian bet transpired.....»»
Rivian still faces cash burn, cooling sales despite $1 billion infusion from Volkswagen, analysts say
Volkswagen will infuse $1 billion into Rivian as the EV maker develops new models. But analysts point out a growing cash burn for Rivian......»»
Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture
Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture.....»»
Nvidia Stock Is Still Falling as Shareholder Meeting Concludes
Nvidia Stock Is Still Falling as Shareholder Meeting Concludes.....»»
Rivian’s VW deal could make it the Apple or Google of EV software
The spotlight has been on Rivian’s long-term health for a bit now. With the company under financial pressure to get over the hump of moving … The post Rivian’s VW deal could make it the Apple or Google of EV software appeared first.....»»
Why Volkswagen is pledging $5 billion to Rivian in EV software deal
Shifting from combustion engines to electric vehicles requires expertise in areas where historically Volkswagen has little experience, from charging to batteries to software......»»
VW, Rivian software joint venture clouds Scout revival
Volkswagen AG’s tie-up with Rivian Automotive Inc. leaves in limbo the future of the German carmaker’s plan to revive the Scout brand that’s aimed at the same buyers as the developer of electric SUVs. .....»»
VW puts $5B into cash-hungry Rivian, and Rivian will help fix up VW’s software
Rivian gets a third major partner, and new cars arrive later this decade. Enlarge (credit: Rivian) Volkswagen is committing $5 billion to upstart EV company Rivian, with $1 billion in cash upfront and $4 billion over tim.....»»
VW Group, Rivian forming joint venture for EV software; VW commits $5 billion
VW Group will invest $1 billion in Rivian initially and another $4 billion by 2026 under deal designed to help VW accelerate roll out of software-defined vehicles......»»
Microsoft risks huge fine over “possibly abusive” bundling of Teams and Office
Microsoft vows to make more changes facing EU fine over Teams bundling. Enlarge / A screen shows a virtual meeting with Microsoft Teams at a conference on January 30, 2024 in Barcelona, Spain. (credit: Cesc Maymo / Contributor |.....»»
New fluorescent reporting system illuminates accumulation of unfolded proteins in endoplasmic reticulum
The endoplasmic reticulum (ER) is a major organelle responsible for protein folding and trafficking. Protein folding stress in the ER can lead to the accumulation of unfolded or misfolded proteins, known as ER stress, which activates the unfolded pro.....»»
U.S. factory incentives drive big gains in April EV registrations despite Tesla"s 17% plunge
Electric vehicle registrations rose 14 percent in April after a lackluster first quarter. Legacy automakers and startup Rivian led the gains while EV market leader Tesla saw another drop-off compared with last year's numbers......»»
5 surprises from Tesla"s high-stakes shareholders meeting
Tesla shareholders voted for Elon Musk's $56 billion payout by a surprising margin. And there were other surprises at the meeting: surging Cybertruck production, a robot future and Donald Trump's phone calls......»»
"Is Toyota OK?" Shareholders criticize automaker amid ongoing scandal; Toyoda, board reappointed
Toyota shareholders at the annual meeting hit out at Toyota for its ongoing safety testing and certification scandal, grilled the board about its oversight of the business and even accused Chairman Akio Toyoda of treating motorsports as his personal.....»»
"Is Toyota OK?" Shareholders criticize automaker amid ongoing scandal; Toyoda, board reappointed
Toyota shareholders at the annual meeting hit out at Toyota for its ongoing safety testing and certification scandal, grilled the board about its oversight of the business and even accused Chairman Akio Toyoda of treating motorsports as his personal.....»»
"We love Elon": Tesla shareholders bask in CEO"s presence
Tesla fans at the company's shareholder meeting congratulated Musk on the $56 billion pay package they just approved and thanked him for helping humanity......»»