Rivian: Volkswagen and Rivian Form Joint Venture, Deepening Alliance
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.
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Rivian is a California-based automotive company that manufactures and sells products such as self-driving electric trucks and sport utility vehicles for the commercial market.
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