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14min chapter
VW Latches Onto Rivian in $5 Billion EV Pact to Regain Momentum
Bloomberg Businessweek
Volkswagen's $5 Billion Investment in Rivian
The chapter delves into Volkswagen's significant investment of $5 billion in Rivian, discussing the benefits this partnership brings to Rivian and how it impacts the electric vehicle market. It analyzes Rivian's credibility, financial situation, and its aim to compete with Tesla, while also addressing the challenges and concerns associated with legacy automakers entering the EV space.
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highlights
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