Rivian
Rivian Stock Surges 36% on Volkswagen Investment
On June 26, 2024, shares of electric vehicle startup Rivian skyrocketed 36% after the company announced a major investment from German automaker Volkswagen. The deal, valued at $8 billion, will see VW take a 25% stake in Rivian and collaborate on developing new electric models. The news comes as a much-needed boost for Rivian, which […]
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