Rivian stock jumped more than 50% on Volkswagen's $5 billion investment
Volkswagen is initially investing $1 billion in the EV maker, with an additional $4 billion to come by 2026
Rivian Automotive and Volkswagen Group are joining forces as they look to develop software technology that will help drive their production of electric vehicles.
https://qz.com/rivian-stock-volkswag...ent=newsletter