Rivian shares jumps 16% as Volkswagen Boosts Investment in Expanded EV Partnership
Rivian's ( RIVN, Financial) shares soared 16% on Wednesday after the company announced plans to form a deeper partnership with Volkswagen ( VWAGY, Financial ). Volkswagen intends to raise its stake in the joint venture with Rivan and take its total investment up to $5.8 billion from $5 billion.
Hosted on MSN21h
Rivian, VW venture kicks off next-gen platform for R1, Scout EVsAnd now that venture is officially kicking off with an additional $800 million of investment from VW and a near-term goal: ...
Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new ...
Rivian stock price jumped sharply on Wednesday after the company unveiled details of its $5.8 billion joint venture with ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.
Volkswagen, staggered by its lack of success in the electric vehicle (EV) market, and Rivian Automotive Inc. (NASDAQ: RIVN) ...
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback