Spencer Platt/Getty Images News The electric vehicle sector is still buzzing over the announcement of a partnership between Volkswagen (OTCPK:VLKAF) and Rivian Automotive (NASDAQ:RIVN). Volkswagen (OTCPK:VLKAF) is believed to have pulled the trigger on the deal with Rivian (RIVN) considered one of the few companies near Tesla (TSLA) on theContinue Reading
Spencer Platt/Getty Images News Electric car-maker Rivian Automotive (NASDAQ:RIVN) denied rumors and said it had no plans to expand its partnership with Volkswagen (OTCPK:VWAGY) for vehicle production, Reuters reported. A German newspaper, Handelsblatt, earlier reported that the businesses were considering joint production of Rivian’s (RIVN) more affordable and smaller R2Continue Reading
jetcityimage Rivian Automotive (NASDAQ:RIVN) is holding an investor event on Thursday on the heels of the electric vehicle maker’s huge announcement of a partnership with Volkswagen (OTCPK:VLKAF). The company published some investor slides ahead of the event that indicated it was reaffirming guidance of 57,000 units of production for 2024.Continue Reading
Amazon (NASDAQ:AMZN) stock on Wednesday hit $2T market capitalization for the first time ever, underscoring the overall dominance exerted by megacap technology stocks over Wall Street right now. The tech and retail behemoth joins Google-parent Alphabet (GOOG)(GOOGL), iPhone-maker Apple (AAPL), OpenAI-backer Microsoft (MSFT) and chip giant Nvidia (NVDA) as theContinue Reading
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
