Why Rivian's $5.8 Billion Deal With Volkswagen Is Exceptionally Bullish
Although the deal will dilute existing Rivian shareholders to some extent, on balance it's hugely bullish for the company. The Volkswagen deal ensures that Rivian will have ample cash to launch its smaller, higher-volume R2 and R3 models -- and opens up a potentially lucrative new market for its technology.
The Scout recently re-entered the public eye after a YouTube video of Tim Walz working on his 1979 Scout went viral.
Teia Collier on MSN4d
Scout Motors: Reviving a Classic with Electric SUV and TruckScout Motors returns with two new, rugged concepts after a forty-year hiatus. Originally produced by International Harve ...
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Electric vehicle manufacturer Rivian Automotive and the Volkswagen Group are partnering up in a nearly $6 billion deal to ...
Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a $5.8 billion investment from ...
Scout Motors has unveiled the Traveler SUV, one of its two new electric vehicles, but how does that electric SUV compare with ...
The Cool Down on MSN2d
Volkswagen revives iconic minibus with all-new electric features and impressive range: 'It's ... nostalgic like the original'One might call it a far-out step toward sustainability. Volkswagen revives iconic minibus with all-new electric features and ...
The Enemy of Average on MSN1d
Ford’s Electric Dreams Over? German Plant Stalls With Jobs on the LineThe automotive world is in a bit of flux at the moment, with electric vehicles taking center stage. But the transition isn’t ...
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