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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.

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.

Tesla Pullback Puts Onus on Others to Build Electric Vehicle Chargers

The automaker led by Elon Musk is no longer planning to take the lead in expanding the number of places to fuel electric vehicles. It’s not clear how quickly other companies will fill the gap.

Β© Lauren Justice for The New York Times

Tesla’s change of direction is likely to delay construction of fast chargers, which are concentrated on the two coasts and in parts of Texas.

Tesla Fires Charger Team Amid Hundreds of Layoffs

The carmaker dismissed 500 employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.

Β© Philip Cheung for The New York Times

Tesla agreed last year to open up its network of Supercharger stations to electric cars made by other automakers.

Honda Commits to E.V.s With Big Investment in Canada

The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.

Β© Maddie McGarvey for The New York Times

Honda has said that it would retool its factory in Marysville, Ohio, to make electric vehicles in 2026. The investment in Canada is a sign that the company expects the technology to grow in popularity.
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