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Rivian, Volkswagen
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
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.
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle architecture and software.
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 ...
21h
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 ...
DriveSpark
3h
Volkswagen Appoints Henning Habicht To Lead Chattanooga Operations And Enhance Vehicle Production
Henning Habicht is appointed as Head of Volkswagen Chattanooga Operations, succeeding Chris Glover, to enhance production of ...
RE Journals
41m
KDC completes $114 million Port of Freeport facility for Volkswagen Group of America
KDC completed the $114 million Port of Freeport facility in Freeport, Texas, for Volkswagen Group of America (VWGoA).
1d
on MSN
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the ...
13m
Volkswagen buddies up with Rivian
Multi-billion dollar deal formalises a partnership on shared tech between VW and the American electric SUV brand ...
The Conversation
1d
Volkswagen: the end of a German industrial myth?
ESCP Business School provides funding as a member of The Conversation FR. In late October 2024,
Volkswagen
’s works council ...
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