The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
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 ...
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to ...
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
With this venture, the two companies plan to bring "best-in-class software technology" and "next-generation electrical ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when ...
“The [joint venture] is highly complementary, reflecting Rivian’s industry-leading software and electrical hardware ...
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...