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Rivian Jumps On Expanded Volkswagen Joint Venture
Rivian shares surge on $5.8 billion Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. The investment boost comes at a crucial time for Rivian,
Rivian Gets the Longer Stick in the Volkswagen Joint Venture, but 50/50 Doesn't Look Good
Rivian and Volkswagen made their joint venture official, with the German carmaker pledging a $5.8 investment in Rivian and 75% in shared development expenses
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.
Hosted on MSN
15m
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
The big challenge for
Rivian
, the EV maker known for its innovative electric and software systems, has long been how to ...
34m
VW boosts investment in Rivian, but significant challenges remain
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
3h
on MSN
Rivian Appears Ready to Solve Its Biggest Problem. Is the Stock a Buy?
As noted above, Rivian's biggest issue has been its negative gross margin, which continued in the quarter. It reported a ...
12h
on MSN
VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
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 ...
24/7 Wall St
7h
Rivian and VW Try to Save Each Other
Volkswagen and
Rivian
Automotive Inc. (NASDAQ: RIVN) have created a joint venture to help save both. This comes at a time ...
4h
Deeper dive: Why Rivian and Volkswagen are going at it together
BeeBright The numbers don't lie. Serious difficulties with finances and software architecture are pairing together one of ...
3h
on MSN
Inside VW and Rivian’s Big Bet to Rescue Each Other
The Germans were impressed by what they found in California: a car that had been retrofitted so that the controls for ...
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