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Volkswagen invests up to $5 billion in Rivian joint venture | DW News
Volkswagen, the world's second-largest automaker, on Tuesday announced that it will enter a 50-50 joint-venture with US electric vehicle (EV) manufacturer Rivian.
Germany-based VW said it will invest up to $5 billion (€4.7 billion) in a deal to jointly develop next-generation software that both it and the California-based Rivian will share in their vehicles.
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#VW #Rivian #EV
