Volkswagen increases Rivian investment as $5.8 billion EV joint venture officially launches
Volkswagen has increased its planned investment in the electric automaker Rivian through a joint venture that officially launches Wednesday. The first Volkswagen models made with Rivian’s technology are expected to launch in 2027.
Rivian Automotive ( RIVN -5.54%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...
Volkswagen originally promised a $5 bn deal to collaborate on software and architecture, but announced it was upping its ...
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
Analysts led by Dan Ives at Wedbush have highlighted the significance of Volkswagen’s VWAGY increased investment in ...
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