Tag: Volkswagen Group

Rivian founder tells investors why incoming shareholder Volkswagen needs his help to take on Tesla just as much as he needs the cash injection

Volkswagen’s planned $5 billion investment in Rivian is a lifeline for the troubled carmaker—but not necessarily the one you may think.The cash injection plugs a...

Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture

Rivian (RIVN) shares are surging in extended hours after the EV maker announced a joint venture deal with Volkswagen (VWAGY), crucially bringing fresh...