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Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. Shares of Rivian ...
Rivian (RIVN) stock rose as much as 16% in early afternoon trade on Wednesday after the EV maker announced an expansion of its partnership with Volkswagen (VWAGY), with the German automaker ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to accelerate the shift to electric vehicles. In June, we learned Volkswagen would ...
Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts' estimates — as the EV startup struggled to resolve a component shortage that ...
The big challenge for Rivian, the EV maker known for its innovative electric and software systems, has long been how to reach the next stage of growth. That stage came within reach in June ...
Rivian has closed a deal with Volkswagen that could be worth up to $5.8 billion over the next several years. The two automakers will form a joint venture to develop and produce Rivian's next ...
An icon in the shape of a lightning bolt. Impact Link EV company Rivian says it's already bracing for the impact that the increased tariffs proposed by President-elect Donald Trump would have on ...
Rivian Automotive (NASDAQ:RIVN) and Volkswagen Group (OTCPK:VLKAF) (OTCPK:VWAGY) formally announced their transaction agreement to create their new joint venture after tipping off a major ...