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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.
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.
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.
Digital Trends
15h
Rivian, VW venture kicks off next-gen platform for R1, Scout EVs
“The [
joint
venture
] is highly complementary, reflecting
Rivian
’s industry-leading software and electrical hardware ...
The Business Journals
1d
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian
is teaming up with Volkswagen in a $5.8 billion
joint
venture
for EV innovation on its R2 model, which the ...
12h
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 ...
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