Capital Group has increased its holding in electric‑vehicle maker Rivian by 60%, bringing the investment to its biggest level since 2022. The move signals renewed confidence in Rivian’s prospects within the rapidly expanding EV market. Analysts will be watching how the larger stake might influence the company’s strategic direction and future financing. This development highlights ongoing interest from major investment firms in the sector’s growth potential.
Capital Group Lifts Rivian Stake 60% to Largest Since 2022 Electric Vehicles
