Goldman Sachs raised the firm’s price target on Rivian Automotive (RIVN) to $12 from $10 and keeps a Neutral rating on the shares. The firm is positive on the company announcing the closing of ...
Really big. Where once it was all about big combustion engines brands like Rivian now do the same but with massive batteries in enormous SUVs and pick-ups, range and horsepower the new bragging rights ...
At the end of June, it was announced that Volkswagen was seeking a partnership in the form of a joint venture with the US provider Rivian. This proposal is very welcome there. Now the sum that ...
12:33 EST Rivian, Lucid lower after Reuters says Trump to kill EV tax credit Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See ...
DETROIT (Reuters) - Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business Tuesday, as the automaker faces a choppy electric transition and ongoing negotiations ...
That's consideration for the intellectual property that Rivian is licensing to the joint venture, as well as a 50% stake in the JV. Volkswagen will invest another $1 billion no earlier than June ...
Lingering production issues have hit Rivian lately, and its deliveries also fell 36% year over year in the third quarter. The company recently cut its full-year production target to 47,000 to 49,000 ...
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. Shares of Rivian ...
The loan would be backed by Rivian's stake in the joint venture. Rivian would have 10 years to repay, but it would owe no principal payments until 2029. While Volkswagen's investments in Rivian ...
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
This deal makes it more likely that Rivian will have the cash to get to sustainable scale, no matter what happens in the U.S. political arena. Ever feel like you missed the boat in buying the most ...