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Volkswagen to Invest $5.8 Billion in EV Startup Rivian

TechCrunch on MSN · 1h

Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will

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Fox Business · 1d

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.

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.

2h

Why Rivian Stock Dropped Thursday

Rivian Automotive ( RIVN -5.45%) stock is hitting the brakes today after it spiked nearly 14% yesterday. That jump came after ...

autoevolution4h

Rivian Achieved in Three Months What Volkswagen Couldn't Do in Years of Spending Billions

Rivian and Volkswagen announced their joint venture, but the bigger news is how the EV startup convinced the legacy ...

1h

Rivian-Volkswagen Deal Strengthens Finances, Yet EV Market Risks Remain: Goldman Sachs

Goldman Sachs analyst maintains Neutral rating for Rivian with raised price target. Rivian and Volkswagen confirm joint ...

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