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Rivian Jumps On Expanded Volkswagen Joint Venture
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
21m
Why Rivian Stock Dropped Thursday
Rivian Automotive ( RIVN -5.45%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after ...
autoevolution
1h
Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions
Rivian
and
Volkswagen
announced their joint venture, but the bigger
news
is how the EV startup convinced the legacy ...
16m
Volkswagen buddies up with Rivian
Multi-billion dollar deal formalises a partnership on shared tech between VW and the American electric SUV brand ...
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