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Rivian Jumps On Expanded Volkswagen Joint Venture

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.

TechCrunch on MSN · 1d

The Rivian-Volkswagen joint venture deal is now up to $5.8B

Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June.

Fox Business · 20h

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.

autoevolution1h

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 ...

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).

2d

Volkswagen recalls over 100k cars due to serious airbag defect: Fix ASAP

The airbag defect could "result in serious injury or death" because this explosive faulty part could send metal fragments ...

The Conversation1d

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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