Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its ...
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Volkswagen Boosts Rivian Investment To $5.8 Billion, Set To Integrate Software Into VW, Audi, And Scout Vehicles By 2027.
Volkswagen Group has increased its planned investment in a joint venture with Rivian Automotive to $5.8 billion, before its operations launch Wednesday. This joint venture will integrate Rivian’s ...
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen Group have launched their upsized joint venture, vowing to join forces to create ...
How VW Got A 'Wake-Up Call' That Sparked A Rivian Team-Up
VW’s big wake-up call was the Shanghai auto show in April 2023, when the carmaker saw firsthand that digital features such as ...