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Volkswagen to Invest $5.8 Billion in EV Startup Rivian
Rivian Automotive and Volkswagen finalize their major EV partnership
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 partnership earlier in the year.
Volkswagen Boosts Bet on Rivian’s EV Technology by $800 Million
Volkswagen AG and Rivian Automotive Inc. named leaders for their multibillion-dollar joint venture and showcased a prototype electric vehicle, signaling their commitment even as global EV demand softens and the incoming Trump administration threatens to curtail supportive policies.
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of Rivian’s R2 model in the first half of 2026, the companies said.
Benzinga.com
9h
Rivian Stock Races Higher After The Bell: What's Going On?
Rivian Automotive
Inc RIVN shares are moving higher in Tuesday’s after-hours session after the company announced the launch ...
Business Insider
12h
Rivian, Volkswagen announce launch of joint venture
Rivian Automotive
(RIVN) and Volkswagen (VWAGY) entered into a transaction agreement to create their new joint venture (JV) – “
Rivian
and VW Group Technology, LLC”, known as
Rivian
and ...
IndustryWeek
1d
Rivian CEO Sees Further Progress Ahead on Cost Cuts
Rivian Automotive’s rocky 2024 continued into the third quarter, but its leaders aren’t flinching and keeping their focus ...
8d
on MSN
Is Rivian a Millionaire-Maker Stock?
Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The ...
1d
Rivian Automotive: Hold Rating Amidst Mixed Financial Signals and Ambitious Production Goals
Mizuho Securities analyst Jason Getz has maintained their neutral stance on RIVN stock, giving a Hold rating today. Jason Getz has given his ...
5d
on MSN
Rivian Sticks to Profit Goal After Supply Snag Idled Output
Rivian Automotive Inc. expects to achieve a positive gross profit in the final three months of the year, sticking with the ...
6d
Is Rivian Stock a Buy Before Nov. 7?
Howard Smith has positions in
Rivian Automotive
and Tesla. The Motley Fool has positions in and recommends Tesla and ...
7d
Rivian's Q3 Earnings Coming Up: Buy, Hold or Sell the Stock Now?
As RIVN gears up to report third-quarter earnings on Nov. 7, let's find out how the expectations stack up. Also, should you ...
5d
LG Energy Solution signs 5-year battery supply deal with Rivian
South Korea's LG Energy Solution on Friday said its subsidiary LG Energy Solution Arizona has signed a battery supply ...
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