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

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.

ยฉ 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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