Volkswagen (VWAGY) and Rivian Automotive (RIVN) could significantly expand their partnership and are talking about collaborating on hardware and production, Handelsblatt reports. Shares of Rivian are up 5% to $14.66 following the report.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIVN:
- Aptiv Stock: Down 24% YTD, Is Aptiv Poised for Further Decline?
- Rivian Rallies on Robust Q2 Vehicle Delivery Numbers
- Rivian Automotive Releases Quarterly Production and Delivery Insights
- Rivian’s “Monumental” VW Deal Merits a Street-High Price Target, Says Analyst
- What You Missed This Week in EVs and Clean Energy
