One word is enough to describe the partnership between Volkswagen and the Californian electric car start-up Rivian, you just have to say it twice in a row: win-win. Both companies get exactly what they urgently need from the other. It is therefore no wonder that Rivian shares have risen by more than two-thirds in after-hours trading on the Nasdaq, to more than $18 per share.
VW invests billions in US company and electric car start-up Rivian – Economy
