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

    www.aol.com/why-rivians-5-8-billion-211500134.html

    The Volkswagen deal ensures that Rivian will have ample cash to launch its smaller, higher-volume R2 and R3 models -- and opens up a potentially lucrative new market for its technology.

  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 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.

  5. 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.

  6. Why Rivian Stock Dropped Thursday - AOL

    www.aol.com/why-rivian-stock-dropped-thursday...

    Through 2028, Volkswagen will fund 75% of the costs within the JV, with Rivian funding the balance. Each company will continue to design and develop its own vehicles within the individual businesses.

  7. Rivian - Wikipedia

    en.wikipedia.org/wiki/Rivian

    Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. [6]

  8. 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 ...

  9. 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.

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