Will Rivian be Volkswagen’s software savior? VW is betting $5.8B it will
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Rivian shares jumps 16% as Volkswagen Boosts Investment in Expanded EV Partnership
The initial part of this EV venture was announced in June 2024. It uses Rivian's original zonal architecture and software layers, both core elements for the upcoming midsize R2 SUV, due in early 2026.
Bill McEwen1d
Stock Market Today: Wall Street Drifts After Inflation Update Comes in as Expected
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.