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VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW increased its planned investment for a joint venture with EV startup Rivian to $5.8 billion as the companies have broader aspirations than initially announced for the operations. VW's capital to Rivian isn't guaranteed,
Rivian Stock Jumps. The EV Maker Is Getting More Cash From Volkswagen.
The EV company and VW agreed to a partnership in June that could provide Rivian with around $5 billion in capital in the coming years.
Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was announced in June. Rivian stoc
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.
VW and Rivian officially kick off $5.8 billion joint venture, announce leadership
Volkswagen and Rivian have crossed all their T’s and dotted all their I’s in their new $5.8 billion joint venture, which officially kicks off its work on November 13th, the companies announced today.
Volkswagen to Invest $5.8 Billion in EV Startup Rivian Through Joint Venture
The joint venture targets Rivian’s existing electrical architecture and software technology stack, enabling the launch of Rivian’s R2 model in the first half of 2026, the companies said.
Yahoo
1h
Is Palantir a Millionaire-Maker Stock?
With shares up by over 40% since Nov. 4, Palantir Technologies (NYSE: PLTR) has been a clear beneficiary of Donald Trump's ...
5h
on MSN
Yacht maker Ferretti cuts full-year guidance pending confirmation of US orders
Italian luxury yacht maker Ferretti on Wednesday reduced its full-year guidance for adjusted core profit (EBITDA) and revenue ...
1h
on MSN
Kenny Atkinson's In-Game Adjustments Have Been Difference-Maker For Cavaliers
Cleveland played the New York Knicks in their third game of the season. The Cavaliers have struggled to grab rebounds against ...
15h
Maker crafts adorable 3D-printed Mac mini enclosure to fix one of Apple's most egregious design choices: that damned power button
Mac gamers may not have it all, but that doesn't mean Apple is any kind of hardware slouch. Just take the M4 Mac mini: ...
4h
on MSN
Offshore wind cable maker Nexans says it might turn US plant into export hub
Nexans said on Wednesday it would turn its U.S.-based plant into an export hub if the offshore wind sector was challenged ...
2h
This Keurig coffee maker just dropped to a super-cheap price for Black Friday
Retailers are already rolling out Black Friday deals to get a headstart on the holiday rush – like this one at Walmart on one ...
2h
I’ve found the best Black Friday coffee maker deals — here’s what I recommend to up your coffee game
With a built-in burr grinder, you’re guaranteed a truly fresh cup of coffee from bean to cup each time you make a brew. The ...
2d
Is Lucid Motors a Millionaire-Maker Stock?
At the time, Lucid looked poised to fill a gap in the market. Like Tesla, it was a fresh, pure-play EV brand without much ...
KHOU 11
2d
Legendary Texas spur maker featured in 'Yellowstone' scene, just 2 months after his death
And his appearance came just two months after his death. Billy Klapper, a spur and bit
maker
from Pampa in the Texas ...
AOL
10h
Is Archer Aviation a Millionaire-Maker Stock?
But while Archer Aviation looks like a solid long-term buy with millionaire-
maker
potential, approval processes can be ...
1d
VinFast Tycoon to Inject $2 Billion Into Struggling EV Maker
Vietnamese billionaire Pham Nhat Vuong pledged to invest about $2 billion into VinFast Auto Ltd., another major capital ...
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