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VW to invest USD 5 billion in Rivian as part of tech joint venture

On June 25, the Volkswagen Group announced it will invest up to USD 5 billion in U.S. EV maker Rivian as part of a new, equally controlled joint venture to create EV architecture and software.
The partnership will help Volkswagen accelerate its plans to develop software-defined vehicles (SDV), with Rivian licensing i....

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