Billion-Dollar Buddy System: Volkswagen & Rivian
Volkswagen and Rivian, two prominent names in the automotive industry, are joining forces to accelerate electric vehicle (EV) technology. In a recent announcement on November 13, 2024, Volkswagen revealed it would increase its investment in Rivian to $5.8 billion, up from a previously pledged $5 billion, securing a 50% stake in a new joint venture: […]