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InsideEVs
InsideEVs
Technology

Rivian Just Unlocked Another $1 Billion From Volkswagen

Rivian The Volkswagen Group Tesla Inc. Volkswagen California
  • Electric-vehicle startup Rivian unlocked another $1 billion from the Volkswagen Group.
  • It achieved its second quarter in a row of positive gross profits in Q1. 
  • Rivian and Volkswagen announced a partnership last year that trades the startup's software and electrical expertise for over $5 billion in capital. 
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