Rivian Stock Surges 36% on Volkswagen Investment

Описание к видео 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.

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