The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.
Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business on Tuesday, as the automaker faces ...
Rivian Automotive (NASDAQ: RIVN) shares jumped following news that Volkswagen (OTC: VWAGY) upped its potential investment in ...
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, ...
The announcement lifts the veil on one of the largest automotive deals this year, providing more details on its goals, ...
Volkswagen Group raised its investment in Rivian by 16% to $5.8 billion, the two automakers said on Tuesday, as the companies ...
Rivian is teaming up with Volkswagen in a $5.8 billion joint venture for EV innovation on its R2 model, which the company ...
Analysts see the joint venture between VW and Rivian as shoring up many concerns about the U.S. EV maker's challenges.
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Shares of Rivian jumped over 15% after the EV maker announced a $5.8 billion investment from German automaker Volkswagen as ...
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 companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical ...