Reuters2025-01-17
BERLIN, Jan 17 (Reuters) - Volkswagen is considering ways to deepen its partnership with U.S. electric car maker Rivian, the German company's CEO told Spiegel magazine in comments published on Friday.
"For example, we are thinking about sharing modules and bundling purchasing volumes," Oliver Blume said. "The Volkswagen group offers great opportunities for a small brand like Rivian."
Rivian shares gained about 4% in premarket trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
