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  2. 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 ... The new company will be known as Rivian and VW Group Technology ...

  3. 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.

  4. 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.

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

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

    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.

  6. 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.

  7. 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 ...

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