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Volkswagen increases Rivian investment
Rivian shares surge on $5.8 bln Volkswagen investment in JV
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.
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.
15h
Rivian Stock Is Down Again on Tax Credit Fears
Shares of Rivian Automotive (NASDAQ: RIVN) are down for a second day on Friday after Reuters reported that the incoming Trump ...
9d
on MSN
EV maker Rivian may report first quarterly revenue drop since IPO
Rivian is expected to report on Thursday its first drop in quarterly revenue since going public three years ago, after a ...
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