Rivian shares surge on $5.8 bln Volkswagen investment in JV
1 day ago · 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. ... the news and ...
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
1 day ago · Rivian CEO RJ Scaringe: “We’re thrilled to see our technology being integrated in vehicles outside Rivian – this is an important enabler to help accelerate EV adoption.” November 12, 2024 ...
The Rivian-Volkswagen joint venture deal is now up to $5.8B
1 day ago · Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen Group has already made an initial investment of $1 billion in the form ...
Volkswagen Boosts Bet on Rivian’s EV Tech by $800 Million
1 day ago · VWAPY. RIVN. (Bloomberg) -- Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the US partner even as electric-vehicle demand softens and ...
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
1 day ago · Nov. 12, 2024, 4:11 p.m. ET. Volkswagen, the German automaker, and Rivian, a California-based maker of electric pickups and S.U.V.s, said on Tuesday they would form a joint venture to develop ...
Volkswagen raises investment in Rivian to $5.8 billion
1 day ago · Nov 12 (Reuters) - Rivian (RIVN.O) and Volkswagen Group (VOWG_p.DE) launched on Tuesday the joint venture they had announced in June, valued at $5.8 billion, to share software and electric vehicle ...
Rivian stock surges as company expands joint venture with …
1 day ago · Rivian stock rose as much as 16% in early afternoon trade on Wednesday after the EV maker announced an expansion of its partnership with Volkswagen (), with the German automaker pouring more money into a joint venture.The joint venture (JV), initially announced back in June, will use Rivian’s electrical architecture — known as “zonal architecture” — and …
Faster, Leaner, More Efficient: Rivian and Volkswagen Group …
2 days ago · Rivian Automotive (NASDAQ: RIVN) and Volkswagen Group (XETRA: VOW / VOW3) entered into a transaction agreement to create their new joint venture (JV) – “Rivian and VW Group Technology, LLC”, known as Rivian and Volkswagen Group Technologies - with a total deal size of up to $5.8 billion, which is expected to start on November 13. Through this JV, the …
Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars ...
1 day ago · Rivian Automotive and Volkswagen Group said the size of their joint venture has increased to up to $5.8 billion. The automakers also said the first VW models to use Rivian's software and ...
Rivian Newsroom
Check out the latest in the Rivian Newsroom. Skip To Main. Want to see what we're up to? Get updates from Rivian. R1S. R1T. R2. R3. ... LATEST NEWS. Media Assets Our Company Contact Us. August 13, 2024. Apple Music and Rivian Introduce Immersive Spatial Audio with Dolby Atmos Experience to Rivian Drivers. June 25, 2024. Rivian and Volkswagen ...