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(Reuters) -Rivian shareholders will seek details on the company's upcoming models and progress in cutting costs at an investor day event on Thursday, two days after the US electric vehicle maker ...
MICHELLE CHAPMAN. June 26, 2024 at 8:45 AM. Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker ...
Rivian will host an investor call to discuss the tie-up at 6 p.m. ET Tuesday. Volkswagen is now the second legacy automaker to take a stake in the California-based company.
Rivian. Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV) and pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies.
The cash injection plugs a hole in Rivian’s spending plans, providing much-needed investor confidence in founder R.J. Scaringe at a critical juncture when other EV startups like Fisker are ...
Investors were thrilled with the news of the joint venture and pushed Rivian's share price up 26.6% as of 11:56 a.m. ET on Wednesday. The right venture at the right time
Investors celebrated that news by pushing Rivian's stock up later in the week, but they were also optimistic after Guggenheim analyst Ronald Jewsikow initiated coverage of the EV stock earlier in ...
June 26, 2024 at 10:29 AM. Rivian Automotive (NASDAQ: RIVN) received some surprising but welcome news last night. Even after the stock jumped by 8% yesterday, it soared by as much as another 37% ...