The new joint venture — Rivian and Volkswagen Group Technologies — will officially kick off November 13 as an independent company. And, if successful, it could be a boon for both companies.

Rivian and the Volkswagen Group have formed a joint venture and are seeking to share software and platforms in the coming years, with the German automaker set to invest $5.8 billion in Rivian by 2027.

Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan The money will help finance three plants the automaker and its partner, SK On, are building in Kentucky and Tennessee. Share full ...