Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.
Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
Rivian, Volkswagen announce new joint venture, $5.8 billion software, electric vehicle deal
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to create a new technology company.
Volkswagen expands joint venture with Rivian on electric vehicles
Volkswagen’s new commitment to their deal with Rivian is a hit on Wall Street. Rivian stocks jumped Wednesday afternoon after their announced an expansion of their partnership with Volkswagen. VW is investing in their attempts to build EVs in Georgia.
Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Rivian shares surge on $5.8 billion 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. The investment boost comes at a crucial time for Rivian,
Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was announced in June. Rivian stoc
Rivian Stock Gains On $5.8 Bln JV With Volkswagen
Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle
Volkswagen recalls over 100k cars due to serious airbag defect: Fix ASAP
The airbag defect could "result in serious injury or death" because this explosive faulty part could send metal fragments ...
Volkswagen, Mazda, Honda, BMW, Porsche among 304k vehicles recalled: Check car recalls here
The NHTSA recently announced recalls for 304,068 vehicles. This includes BMW, Mazda, Volkswagen, Porsche vehicles and Honda ...
VW recalls 115K cars due to ‘exploding’ airbags. If you have one of these vehicles, bring it to your dealer ASAP
Volkswagen is recalling nearly 115,000 cars due to a dangerous airbag defect. The models affected include certain 2017-2019 ...
Volkswagen recalls over 114,000 Beetle, Passat vehicles due to risk of airbag inflator explosion
Volkswagen is recalling nearly 114,500 of its Beetle and Passat vehicles in response to the potential risk their driver’s ...
Volkswagen recalls nearly 115,000 cars for potentially exploding air bag: See list here
Volkswagen is recalling Beetle and Passat models with Takata air bag inflators that have the potential to explode.
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Rivian-Volkswagen joint venture up deal to $5.8 billion, VW cars expected as early as 2027
is "Rivian and VW Group Technology, LLC." The deal was initially announced in June, and came as Rivian attempted to raise ...
Volkswagen raises bet on Rivian by US$800mil
Volkswagen AG (VW) and Rivian Automotive Inc have named leaders for their multi-billion-dollar joint venture (JV) and ...
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VW launches $5.8bn tie-up with Tesla rival Rivian
Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...