Gelonghui November 13th | Rivian (RIVN.US), an American electric car company, rose more than 11.7% in pre-market trading, reaching $11.82. In terms of news, Volkswagen of Germany and Rivian have announced details of their joint venture, involving a funding size of $5.8 billion, higher than the $5 billion announced in June. The two sides did not explain the rationale for the increase in funding. Rivian stated that the initial $1 billion in funding provided by Volkswagen has been secured, and the group is confident that its R2 SUV will go into production in 2026. Volkswagen's first electric vehicle developed using Rivian technology is set to debut in 2027. (Gelonghui)
美股异动｜Rivian盘前涨超11.7% 大众注资金额增至58亿美元
US stock market anomaly | Rivian pre-market rose more than 11.7%, Volkswagen's investment amount increased to $5.8 billion.
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