RIVN Stock: German Regulators Sign Off on Volkswagen-Rivian Joint Venture
Rivian (NASDAQ:RIVN) stock is in focus after the German competition authority Bundeskartellamt gave it and Volkswagen (OTCMKTS:VWAGY) the green light to form a joint venture (JV). The Bundeskartellamt also approved of Volkswagen investing 5 billion into Rivian with plans to form a JV with the company based on software-defined vehicle (SDV) platforms. The JV is expected to begin operations during th ...