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The Big Number: $5 Billion

Automobiles Electric and Hybrid Vehicles Factories and Manufacturing Rivian Automotive LLC Scaringe, R J Start-ups Volkswagen AG

The Big Number: $5 Billion

The amount Volkswagen said it planned to invest in the electric vehicle maker Rivian.

By Santul Nerkar

Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

Automobiles Computers and the Internet Electric and Hybrid Vehicles Mergers, Acquisitions and Divestitures Rivian Automotive LLC Scaringe, R J Software Stocks and Bonds Tesla Motors Inc Volkswagen AG

Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

By Jack Ewing

Tesla’s Profit Rose in the Second Quarter After Big Price Cuts

Batteries BYD Co Ltd China Company Reports Discount Selling Electric and Hybrid Vehicles Europe Ford Motor Co General Motors Musk, Elon Prices (Fares, Fees and Rates) Production Rivian Automotive LLC Scaringe, R J Shanghai Automotive Industry Corp Sports Utility Vehicles and Light Trucks Tesla Motors Inc United States

Tesla’s Profit Rose in the Second Quarter After Big Price Cuts

Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies.

By Jack Ewing

Rivian Lost $6.8 Billion Last Year as Production Fell Short

Company Reports Electric and Hybrid Vehicles Factories and Manufacturing Production Rivian Automotive LLC Scaringe, R J Sports Utility Vehicles and Light Trucks Supply Chain

Rivian Lost $6.8 Billion Last Year as Production Fell Short

The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.

By Neal E. Boudette