Rivian To Form EV Venture With $5 Billion From Volkswagen

A Volkswagen ID.4 electric vehicle (EV) at a Rivian charging station in San Francisco, California, US, on Tuesday, June 25, 2024. Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc., plowing $5 billion into a tie-up with the US company's closest would-be rival, Rivian Automotive Inc. Photographer: David Paul Morris/Bloomberg via Getty Images

Rivian To Form EV Venture With $5 Billion From Volkswagen
A Volkswagen ID.4 electric vehicle (EV) at a Rivian charging station in San Francisco, California, US, on Tuesday, June 25, 2024. Volkswagen AG is taking another swing in its long struggle to catch up with Tesla Inc., plowing $5 billion into a tie-up with the US company's closest would-be rival, Rivian Automotive Inc. Photographer: David Paul Morris/Bloomberg via Getty Images
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2158773255
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Date created:
June 25, 2024
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RIVIAN VOLKSWAGEN EV
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