Volkswagen to invest up to USD 5 bn in EV maker Rivian as part of tech joint venture – ET Auto
Baua Electric
JUNE 25, 2024
electric-vehicle maker Rivian as part of a new, equally controlled joint venture to share EV architecture and software, the companies said on Tuesday. Volkswagen will initially invest USD 1 billion in Rivian and a further USD 4 billion in investments later, the companies said.
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