Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. Shares of Rivian ...
Shares of Rivian Automotive (NASDAQ: RIVN) were still surging on Wednesday afternoon, after the company announced the closing of a deal with Volkswagen that could be worth well over $5 billion to ...
Good morning! It’s Friday, November 8, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories ...
Electric vehicle (EV) maker Rivian (NASDAQ: RIVN) said late Tuesday that it closed a hugely important deal, in which giant Volkswagen (OTC: VWAGY) will invest billions in the California-based upstart.
Rivian's deliveries plunged due to the retooling of its factory and supply constraints. However, management maintained its view that Rivian would turn gross-margin-positive next quarter. The ...
Rivian (RIVN) stock rose as much as 16% in early afternoon trade on Wednesday after the EV maker announced an expansion of its partnership with Volkswagen (VWAGY), with the German automaker ...
Rivian Automotive (NASDAQ: RIVN) has lost almost all its value in a short period, with shares down by an eye-watering 92% since hitting public markets in late 2021. However, the company still ...
Volkswagen VOW30.12%increase; green up pointing triangle and electric-vehicle startup Rivian Automotive are partnering to create a joint venture with the aim of making electric cars more accessible.
Their new joint venture will be called "Rivian and Volkswagen Group Technologies" and will strive to keep both groups competitive in a new era for the auto world. That includes fending off threats ...
Rivian’s lineup redefined how we see electric SUVs and trucks with impressive range, genuine utility, and incredible software. However, offering just two flagship vehicles isn’t enough for an ...
Rivian reported Thursday revenue of $874 million in the third quarter — more than 12% lower than analysts’ estimates — as the EV startup struggled to resolve a component shortage that ...
Since it went public back in 2021, Rivian Automotive (NASDAQ: RIVN) has done a good job of selling its electric vehicle (EV) SUVs. What it hasn't done a good job of is being able to sell them for ...