Rivian (RIVN) stock rises on Volkswagen EV partnership news
6 days ago · On Friday, Rivian stock trended up over 5% after Volkswagen’s Blume hinted at expanding the new EV partnership. Since reporting third-quarter earnings in November, RIVN shares are up over 57%.
Volkswagen Looking to Deepen Partnership With U.S. EV Maker Rivian …
6 days ago · BERLIN (Reuters) - Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday.
Rivian rises on report it may expand its pact with Volkswagen
6 days ago · Rivian shares jumped more than 3% in premarket trading Friday. Last year, the two companies entered into a joint venture, with Volkswagen increasing its financial commitment to the partnership.
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally …
Nov 13, 2024 · Rivian has closed a deal with Volkswagen that could be worth up to $5.8 billion over the next several years. The two automakers will form a joint venture to develop and produce Rivian's...
VW and Rivian officially kick off $5.8 billion joint venture, …
Nov 12, 2024 · Volkswagen and Rivian have crossed all their T’s and dotted all their I’s in their new $5.8 billion joint venture, which officially kicks off its work on November 13th, the companies announced...
Volkswagen's $5 bln investment in Rivian boosts EV maker's shares
Jun 25, 2024 · German automaker Volkswagen Group will invest up to $5 billion in U.S. electric-vehicle maker Rivian as part of a new, equally controlled joint venture to share EV architecture and software,...
What to know about the Volkswagen-Rivian partnership - ABC News
Jun 26, 2024 · Volkswagen on Tuesday said it would invest up to $5 billion in Rivian, an electric vehicle startup based in California. The move sets the stage for a partnership that could benefit both companies and reshape the growing EV industry.
The Rivian-Volkswagen joint venture deal is now up to $5.8B
Nov 12, 2024 · Rivian and Volkswagen Group have finalized a multibillion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in...
Rivian stock soars as Volkswagen says it will invest up to $5 …
Jun 26, 2024 · Volkswagen announced it intends to work with Rivian to create “next generation software-defined vehicle (SDV) architectures” to be used in both companies’ future EVs.
Rivian shares soar on massive cash injection from Volkswagen | AP News
Jun 26, 2024 · Shares of Rivian are soaring before the opening bell after Volkswagen agreed to invest $1 billion in the electric vehicle maker immediately and a potential total of up to $5 billion as part of a software development agreement.