Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant ...
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
Rivian's joint venture with Volkswagen has been made official, with a fresh investment from the German giant in the US EV ...
Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
Rivian stock is surging after the EV maker announced an expansion of its partnership with Volkswagen, with the German ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
The investment boost comes at a crucial time for Rivian, which aims to cut costs, achieve profitability, and launch its ...
One of the JV’s first major projects includes the launch of Rivian’s R2 midsize crossover, set for release in the first half ...
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 funds are intended to help Rivian ramp up production of its smaller R2 SUVs at its Normal, Illinois, plant in 2026, and ...
Rivian Automotive shares soared Wednesday, a day after the electric vehicle manufacturer expanded its partnership with ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.