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 ...
Electric vehicle (EV) producer Rivian (NASDAQ: RIVN) is an intriguing investment for many reasons, but part of it is simply because it's in such early innings of a long game and every development ...
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's deliveries plunged due to the retooling of its factory and supply constraints. However, management maintained its view that Rivian would turn gross-margin-positive next quarter. The ...
Volkswagen VOW30.12%increase; green up pointing triangle and electric-vehicle startup Rivian Automotive are partnering to create a joint venture with the aim of making electric cars more accessible.
Rivian and Volkswagen made their joint-venture plans official, with the German carmaker raising the investment to $5.8 billion or $800 million more than initially planned. Rivian appears to get ...
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’s lineup redefined how we see electric SUVs and trucks with impressive range, genuine utility, and incredible software. However, offering just two flagship vehicles isn’t enough for an ...
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to ...
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 ...