Rivian stock rises as company expands joint venture with Volkswagen

Rivian stock rises as company expands joint venture with Volkswagen

Rivian (RIVN) stock rose as much as 16% in early afternoon trading Wednesday after the EV maker has announced an extension of its partnership with Volkswagen (VWAGY), with the German automaker pouring more money into a joint venture. The joint venture (JV), initially announced in Junewill use Rivian’s electrical architecture – known as “zonal architecture” … Read more