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Volkswagen and Rivian Form Joint Venture, Deepening Alliance

13 November 2024 at 05:25
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.

© Joel Angel Juarez/Reuters

Volkswagen of Germany said in June that it planned to jointly work on software with Rivian, which is based in California.
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