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Rivian Jumps On Expanded Volkswagen Joint Venture
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June.
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.
2d
Volkswagen Lands Deal In Shaky Period for Carmaker Bonds
A Volkswagen AG entity is looking to raise new debt on Tuesday in an offering that will test demand among bond investors ...
18h
on MSN
Rivian Stock Soars on Upsized Volkswagen Joint Venture
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
1d
Volkswagen recalls over 100k cars due to serious airbag defect: Fix ASAP
The airbag defect could "result in serious injury or death" because this explosive faulty part could send metal fragments ...
1d
on MSN
Volkswagen's Audi fails to find buyer for Brussels site
Volkswagen's luxury division Audi has failed to find a buyer for its struggling plant in Brussels, a spokesperson said on ...
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