Rivian Getting $5 Billion From VW
Electric vehicle maker is getting $5 bililion in a funding deal from Volkswagon.
In this video I discuss why Rivian needed the money and what could VW be after in this deal.
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Good for them! I walk past a Rivian office every time I head over to North America's best club -- Avant Gardner // Brooklyn Mirage. They have a huge lot with dozens of electric Amazon streamline delivery vans. Nice vehicles and kudos to Amazon for transitioning from gas to electric for its delivery fleet.
Yeah. Even the Rivian haters cant deny the company makes some good vehicles.
"Rivian’s $5 billion funding from Volkswagen could accelerate EV innovation and strengthen their market position.” 🚗
dang when inleo getting 1 billion haha or even me 1 billion TT. will we ever get to that level
We will see where things go. Need to keep doing a lot of building.
show me the way taskmaster . build that 1 billion let's go
I wasn't expecting this specific partnership, but regular carmakers partnering with EV makers is expected. Both Rivian and VW are not the top of pack when it comes to their industries, so it would be interesting to see what their plan is with this deal.
It came out of the blue although most expected Rivian to get with someone. We just didnt know who.
Haven't really seen electric car before this one its electric what does it use for power up ? fuel, or power supply or solar panels
Yes Rivian makes electric. It runs on battery.
Ohhh really and not on patrol or fuel, thought one of those doesnt exist knew better now
Keep up the good work. 👏
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