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Rivian shares surge on $5.8 bln Volkswagen investment in JV
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture.
Rivian Stock Gains On $5.8 Bln JV With Volkswagen
Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.
Rivian shares surge on $5.8 billion Volkswagen investment in JV
Shares of Rivian jumped over 13% in premarket trading Wednesday after the electric vehicle maker announced a $5.8 billion investment from German automaker Volkswagen as part of their joint venture. The investment boost comes at a crucial time for Rivian,
Rivian Stock Rallies as Volkswagen Joint Venture Is Upsized to $5.8 Billion
Volkswagen will invest up to $5.8 billion in Rivian stock and a joint venture—up from a $5 billion deal value envisaged when the collaboration was announced in June. Rivian stoc
Volkswagen boosts bet on Rivian’s EV tech by $800 million
Volkswagen AG raised investment plans in Rivian Automotive Inc. by $800 million, signaling its commitment to the U.S. partner even as electric-vehicle demand softens and the incoming Trump administration threatens to curtail supportive policies.
15h
on MSN
Reliance and Disney finally complete transaction to form JV of top entertainment brands
Disney merger has established the leading media and entertainment conglomerate in India. The combined entity will feature ...
Mint
3h
Kevin Vaz, Kiran Mani and Sanjog Gupta to head Reliance-Disney JV as CEOs
The new joint venture (
JV
) will be spearheaded by three chief executives: Kevin Vaz will head the entertainment ...
15h
on MSN
New York Mortgage Trust raised to Buy at Jones as JV loss overhang ebbs
Jones Research upgraded New York Mortgage Trust (NYMT) stock to Buy on Thursday, partly on the substantial removal of an ...
2d
on MSN
BP efforts to scale back renewables won't affect JV with EnBW
Current efforts by BP to scale back its renewables activities have no impact on an offshore wind joint venture the oil major ...
15h
Reliance, Disney Announce Completion Of Transaction To Form JV - Quick Facts
Reliance Industries, Viacom 18 and The Walt Disney Company (DIS) announced that following the approval by the NCLT Mumbai, ...
Firstpost
15h
Reliance, Disney and Viacom18 form $8.5 bn JV ushering in a new era for Indian entertainment
Nita Ambani will be the chairperson of the
JV
. PTI Mumbai/Burbank, California: Reliance Industries Limited, Viacom 18 Media ...
Mass Transit
11h
NJ Transit Board approves contract with ACI-Herzog JV to operate Hudson-Bergen Light Rail system
NJ Transit train. The New Jersey Transit (NJ Transit) Board of Directors approved a contract with ACI-Herzog
JV
to operate ...
Transport Topics
1d
Westport Q3 Loss Narrows as Cespira JV Ramps Up
Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty ...
6d
JV behind BART station makeover in Oakland adds four developers
Six builders, including Keystone Development, to construct an 800-unit affordable housing project called Mandela Station.
11h
on MSN
RIL, Viacom18 and Disney complete merger to create a Rs 70,352 cr JV
Reliance Industries Limited, Viacom18, and The Walt Disney Company have finalized the merger of Viacom18's media and ...
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The Walt Disney Company
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