Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its ...
Volkswagen and US electric car maker Rivian have entered into a transaction agreement, officially creating their joint ...
The first cars to include the new technology could be available for sale by 2027. For Rivian, the cash injection from ...
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...
Rivian’s stock surged more than 17% on Wednesday afternoon to $12.45 in New York. Volkswagen shares fell 2.3% in Frankfurt. Both companies in June agreed to develop battery-powered vehicles together, ...
Now is not a good time to own an electric car dealership. Regulatory uncertainty is confusing customers in many countries, ...
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...
The two companies have formed a joint venture partnership to develop new software-based vehicle platforms that'll underpin ...
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from ...
Volkswagen raised its planned investment in Rivian to $5.8 billion. But Trump administration is unlikely to bode well for EV ...
VW Group and Rivian form technology joint venture focused on electrical architecture and software development.