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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.

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.

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.

22hon MSN

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 ...

The Conversation23h

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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