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Rivian Jumps On Expanded Volkswagen Joint Venture
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 “cutting-edge” electric-vehicle technology.
Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
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.
The Conversation
21h
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 ...
1d
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 ...
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