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Yesterday β€” 25 June 2024Main stream

Volkswagen Will Invest Up to $5 Billion in EV Maker Rivian

25 June 2024 at 17:56
VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies.

Β© Joel Angel Juarez/Reuters

The Volkswagen investment provides cash to Rivian, which has struggled to ramp up manufacturing of its electric pickups and sport utility vehicles.
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