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Rivian Soars on Volkswagen’s $5 Billion Investment

June 29, 2024
in AI & Technology
Reading Time: 1 min read
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Rivian shares surged in its biggest intraday rise since November 2021 on Wednesday after Volkswagen said it plans to establish a joint venture and invest up to $5 billion until 2026 in the electric-car maker. Cox Automotive Director of Industry Insights Stephanie Valdez Streaty joins Ed Ludlow to discuss on “Bloomberg Technology.”
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