#rivian (2 Posts)
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Volkswagen Backs Rivian with $5 Billion: New Era for Electric Vehicles Begins Volkswagen Group announced Tuesday that it is establishing a joint venture with Rivian for next-generation electric vehicles.
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Electrifying Alliance: Volkswagen and Rivian's Multi-Billion Dollar Bet on EV Future Renowned German automaker, Volkswagen, is struggling in the electric vehicle (EV) market. The company has decided to invest up to $5 billion in American EV startup, Rivian. Volkswagen officially announced the news on June 25, shortly after the New York Stock Exchange closed. Following the announcement, Rivian’s stock surged over 55% in after-hours trading and […]
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