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Volkswagen will invest up to $5 billion in Rivian.

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  • Jun 26
    did:plc:3lxkxhn5ymj2dpf6j726wsfa
    "German car making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian. The deal creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology. Rivian shares jumped by almost 50% after the announcement."
  • Jun 26
    Biztoc.com
    • foxbusiness.com
    Volkswagen to invest $5B in Rivian, form joint venture
  • Jun 26
    @ArnieNicola@flipboard.com
    Volkswagen to invest $5B in EV startup Rivian Posted into FINANCES, WEALTH, HUSTLES @finances-wealth-hustles-ArnieNicola
  • Jun 26
    @FlipboardUK@flipboard.com
    German car giant VW to invest billions in Tesla rival Rivian Posted into Top Stories in Business @top-stories-in-business-FlipboardUK
  • Jun 26
    Autoblog
    • Reuters
    What's behind VW's $5 billion EV software bet on Rivian?