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CNBC
Robert Ferris,Christina Locopo,Tala Hadavi
Here's why VW is investing $5b in Rivian
In June 2024, it was announced that German automaker, Volkswagen Group, would invest $5 billion in electric SUV and truck maker, Rivian. After a staggeringly successful IPO, Rivian shares and market value have plummeted and according to some analysts, the company is potentially just a couple of programs away from bankruptcy. Here is why the ...
Sep 12, 2024
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