Rivian Receives Huge Vote of Confidence From German Juggernaut

Many investors were first introduced to Rivian (RIVN 3.14%) when the electric vehicle (EV) maker announced its blockbuster deal and partnership with Amazon in February 2019. The partnership, in which Rivian agreed to deliver 100,000 electric delivery vans to Amazon by the end of 2030, was instrumental in helping the automaker survive during its early days. What does this mean for Rivian's (and Volkswagen's) investors? This development means a couple of things for investors. First, it is a huge vote of confi ...