The Volkswagen Group will invest up to $5 billion in US EV maker Rivian in a complex deal under which the two companies will form an equally controlled joint venture to share EV architecture and software. As reported by Reuters, Volkswagen will immediately invest $1 billion in Rivian through a convertible note, and also pledges… Read more…
Volkswagen to invest up to $5 billion in Rivian over the next 2 years, companies will share software
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