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Rivian secures up to $5 billion from Volkswagen, shares soar 40%

Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion.

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Jun 26, 2024 - 06:00
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Rivian secures up to $5 billion from Volkswagen, shares soar 40%
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion.
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