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VW will invest $5 billion in Rivian as part of new joint venture
VW will invest $5 billion in Rivian as part of new joint venture Volkswagen is investing $5 billion in Rivian as part of a new joint venture that will give the German auto giant access to the buzzy California EV company’s software and EV platform.
The new venture was announced in a post from Rivian CEO RJ Scaringe, who noted the investment will help the company bring its next generation R2 electric vehicle to...
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