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InsideEVs
InsideEVs
Technology

Rivian Eyes Profit In Q4 With Upgraded EVs And Billions In Cash

Volkswagen's recent announcement of a $5 billion investment in Rivian was a vote of confidence for the California-based electric vehicle startup. But it will be some years before we see the fruits of that partnership for either automaker. In the meantime, Rivian has to get to a point where it doesn't incur substantial losses on each vehicle sold. But that may happen sooner than you think. 

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