Volkswagen Gets Much-Need Tech, Rivian A Cash Infusion With New JV

Biztoc.com - 25 november 2024

Volkswagen Gets Much-Need Tech, Rivian A Cash Infusion With New JV

Volkswagen (OTC:VLKAF) has boosted its initial investment in American electrical vehicle (EV) maker Rivian (NASDAQ:RIVN) to $5.8 billion, $800 million more than initially planned. The German automaker decided to increase its initial investment, when the compa…

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