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Rivian, Volkswagen
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.
Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Why Rivian Shares Are Still Surging Today
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to the electric vehicle (EV) maker. As of 1:30 p.m. ET, Rivian's shares were up about 18.3% from Tuesday's closing price.
9h
on MSN
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader ...
1h
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 ...
Reuters on MSN
1d
Volkswagen raises investment in Rivian to $5.8 billion
Nov 12 (Reuters) - Volkswagen Group (VOWG_p.DE), opens new tab raised its investment in
Rivian
(RIVN.O), opens new tab by ...
4h
on MSN
Stocks mixed after inflation data; Movers: Spirit Airlines, Rivian, Spotify
Stocks traded mixed in the afternoon as investors assessed new consumer inflation data. The S&P 500 ticked up 0.07%, while ...
GM Authority
7h
Rivian And Volkswagen Group Confirm EV Joint Venture
Rivian
and Volkswagen Group have announced the formation of a new joint venture (JV) focused on accelerating electric ...
The Business Journals
1d
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian
is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
13h
on MSN
Inside VW and Rivian’s Big Bet to Rescue Each Other
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
Digital Trends
11h
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
The big challenge for
Rivian
, the EV maker known for its innovative electric and software systems, has long been how to ...
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