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  2. Why Rivian's $5.8 Billion Deal With Volkswagen Is ...

    www.aol.com/finance/why-rivians-5-8-billion...

    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.

  3. Volkswagen and Rivian Officially Launch Joint Venture Agreement

    www.aol.com/volkswagen-investing-5-billion...

    The new agreement sees Volkswagen invest $5.8 billion in Rivian as part of a 50 percent stake in the joint venture focused on developing vehicle software.

  4. Rivian shares surge on $5.8 billion Volkswagen investment in JV

    www.aol.com/news/rivian-shares-surge-5-8...

    (Reuters) -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.

  5. Rivian gets big boost from $5.8 billion Volkswagen investment ...

    www.aol.com/rivian-gets-big-boost-5-155856405.html

    Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges. Rivian gets big boost from $5.8 billion Volkswagen investment in joint ...

  6. Volkswagen and Rivian Are Joining Forces

    www.aol.com/volkswagen-rivian-joining-forces...

    The Volkswagen investment in Rivian is expected to lower the latter's average cost to produce each EV. In addition, the companies believe that technology innovation will be sped up through the deal.

  7. Rivian Soars After Volkswagen Investment. Is It Too Late to ...

    www.aol.com/rivian-soars-volkswagen-investment...

    Volkswagen will initially invest $1 billion in the company in the form of a convertible note, which will convert to Rivian shares once it receives regulatory approvals, but not before Dec. 1, 2024.

  8. 3 Reasons to Buy Rivian Now - AOL

    www.aol.com/3-reasons-buy-rivian-now-220200529.html

    Volkswagen will then invest another $1 billion in 2025 and 2026, depending on Rivian achieving milestones, and will provide a $1 billion loan in 2026. ... Rivian's gross take per vehicle was a ...

  9. In exchange, Volkswagen will invest an initial $1 billion in Rivian through an “unsecured convertible note that will convert into Rivian’s common stock,” with up to $4 billion in additional ...