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Jun 26, 2024, 12:07 pm344 pts
Ars Technica
Enlarge (credit: Rivian) Volkswagen is committing $5 billion to upstart EV company Rivian, with $1 billion in cash upfront and $4 billion over time. The companies aim to use this joint venture to deliver new vehicles "in the second half of the decade," according to the announcement, and the cash will likely…
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