Rivian secures up to $5 billion from Volkswagen, shares soar more than 50%

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

Jun 26, 2024 - 14:00

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Rivian secures up to $5 billion from Volkswagen, shares soar more than 50%

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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