VW to invest up to $5B into Rivian in software deal

VW Group said Tuesday it will invest $1 billion into EV startup Rivian as part of a broad software development deal that could expand to as much as $5 billion. The deal, which was announced Tuesday afternoon, sent Rivian’s shares up more than 36% in after-hours trading. Under the deal, VW Group will use Rivian’s […]

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