Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
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.
Volkswagen And Rivian Launch Joint Venture Valued At $5.8 Billion
With this venture, the two companies plan to bring "best-in-class software technology" and "next-generation electrical architecture" for future electric vehicles of the companies. The deal will cover various kinds of vehicles,
Volkswagen raises investment in Rivian to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies kick off their planned joint venture to develop electric vehicle architecture and software.
Volkswagon increases investment into Rivian joint venture to $5.8 billion
Electric vehicle company Rivian has just gotten quite the investment boost from German automaker Volkswagon. The two already had a joint venture deal with a value of around $5 billion in investment, but Volkswagon has announced it will be increasing that investment to up to $5.
Volkswagen raises Rivian stake by 16% to $5.8 billion
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion and the two companies said on Tuesday they were ...
Digital Trends2h
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Winter weather advisory issued for Northern Trinity for Wednesday – up to 8 inches of snow
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6.8 magnitude earthquake strikes off coast of eastern Cuba
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Real Housewives of Salt Lake City Season 5, Episode 8 Recap: A Trip to Palm Springs or ‘A Living Hell?’
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USA Today23d
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PBS15h
Everything You Need to Know About Miss Scarlet Season 5
Get the inside scoop from the cast and more on what's ahead in Season 5 and how to watch full episodes old and new ahead of the premiere. #MissScarletPBS ...
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‘Yellowstone’ Season 5, Part 2 Premieres: Here’s When and Where To Watch It Online
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