Watch for more auto shockers after Rivian landed Volkswagen as a major partner
2024-06-26
hapabapa Rivian Automotive (NASDAQ:RIVN) sent some jolts across the electric vehicle sector with its announcement that the company would form a joint venture with Volkswagen (OTCPK:VLKAF) (OTCPK:VWAGY). The initial and planned investments by Volkswagen (OTCPK:VLKAF) of $5 billion, in addition to Rivian’s (RIVN) current cash position, are expected to provideContinue Reading