Rivian Shares Soar on Massive Cash Injection from Volkswagen

URLhttps://www.manufacturing.net/automotive/news/2291
Sourcemanufacturing.net
Date Published07/26/2024

Additional Reshoring Information:

Company/Division name Volkswagen
Parent companyRivian
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Domestically, the work will be done:In-house
Capital investment ($):1000
Country(ies) from which reshored:Germany
City reshored to:Normal
State(s) reshored to:IL
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredElectric Trucks
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