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Rivian Secures Up to $5 Billion Investment from Volkswagen
Rivian Automotive and Volkswagen Group have announced plans to form a joint venture to develop next-generation software-defined vehicle (SDV) platforms. The partnership aims to enhance the software technology in both companies’ future electric vehicles. Volkswagen will make an initial investment of $1 billion in Rivian, with up to $4 billion in additional funding, bringing the […]