Volkswagen, Rivian launch their $5.8B joint venture
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, leadership and financial structure.
Rivian and Volkswagen finalize joint venture worth up to $5.8B
Electric vehicle startup Rivian and German automobile giant Volkswagen have finalized their joint venture. Here's a deeper look at the new partnership.
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.
Rivian, Volkswagen announce new joint venture, $5.8 billion software, electric vehicle deal
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to create a new technology company.
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Volkswagen expands joint venture with Rivian on electric vehicles
Volkswagen’s new commitment to their deal with Rivian is a hit on Wall Street. Rivian stocks jumped Wednesday afternoon after their announced an expansion of their partnership with Volkswagen. VW is investing in their attempts to build EVs in Georgia.
Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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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.
Why Rivian Shares Are Still Surging Today
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 the electric vehicle (EV) maker.
Rivian gets big boost from $5.8 billion Volkswagen investment in joint venture
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
VW and Rivian Announce $5.8 Billion Joint Venture
Volkswagen and Rivian have officially announced a joint venture, “Rivian and VW Group Technology, LLC,” that will kick off on November 13th. The collaboration, which will be led by Rivian software chief Wassym Bensaid and VW Group chief technology engineer Carsten Helbing,
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VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
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