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Rivian-Volkswagen joint venture deal is now up to $5.8B
Rivian and Volkswagen finalize joint venture worth up to $5.8B
Electric vehicle startup Rivian and German automobile giant Volkswagen have finalized their joint venture. Here's a deeper look at the new partnership.
VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
Last June, VW said it would invest $5 billion in Rivian as part of a new joint venture that’s focused on developing a new electrical architecture and vehicle software for future models, including subcompact cars, with the first planned for 2027. The investment size has now increased to $5.8 billion.
Rivian and VW finalize joint venture worth up to $5.8B
Electric vehicle startup Rivian and German automobile giant Volkswagen finalized their joint venture Tuesday, a $5.8 billion deal that could prove transformational for both automakers.
Yahoo
3d
Rivian Appears Ready to Solve Its Biggest Problem. Is the Stock a Buy?
Hurt by supply constraints and the retooling of its
factory
,
Rivian
's third-quarter revenue plunged 35% year over year to ...
3d
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 ...
4d
Rivian: It May Get Worse Before It Gets Better
Rivian’s losses widen in Q3 amid parts shortages and weak margins. Read why RIVN stock is currently a hold while awaiting ...
8d
Rivian opens second Chicago-area showroom at north suburban Old Orchard shopping center
The 3,500-square-foot space, tucked in next to a Levi’s store and mall anchor Macy’s at the nexus of the shopping promenade, ...
8d
Rivian takes major revenue hit as supplier problem persists
Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts' estimates — as the ...
The Business Journals
2d
Rivian-Volkswagen partnership to produce EV tech for R2 model
Rivian
is teaming up with Volkswagen in a $5.8 billion joint ... Related: EV maker getting $827 million from Illinois to ...
10d
Is Rivian stock a millionaire maker? Investors weigh in.
Today, the thesis that may have justified Rivian'speak valuation of over $153 billion (the company is worth just over $10 billion today) has largely evaporated. Growth for the pure-play EV companies ...
12d
on MSN
Is Rivian a Millionaire-Maker Stock?
Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The ...
1d
on MSN
Rivian, Tesla slide on report Trump plans to nix EV tax credit
While Tesla is by far the top EV seller in the US, Chief Executive Officer Elon Musk has said the company will be better ...
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