Rivian investment a ‘catch-up move’ for Volkswagen that could take years to pay off, advisory firm says

Volkswagen’s $5 billion investment in electrical vehicle startup Rivian is a “catch-up move” for the German automaker, Cyrus Mewawalla says.

Jun 27, 2024 - 04:00
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Rivian investment a ‘catch-up move’ for Volkswagen that could take years to pay off, advisory firm says
Volkswagen’s $5 billion investment in electrical vehicle startup Rivian is a “catch-up move” for the German automaker, Cyrus Mewawalla says.