Volkswagen to invest up to $5 billion in Rivian

Rivian and Volkswagen announced today the German automaker will take up to a $5 billion stake in the EV maker, helping to alleviate cash concerns and potentially cut costs as it scales its electric automotive business amidst two new models coming. Rivian and Volkswagen announced the deal on Tuesday just after markets closed. Rivian will … Continue reading Volkswagen to invest up to $5 billion in Rivian