Rivian Secures $1B from VW Amid EV Sales Challenges

Reported about 23 hours ago

In a recent update from TechCrunch Mobility, Rivian has successfully secured an additional $1 billion investment from Volkswagen as electric vehicle (EV) sales struggle. The newsletter discusses various issues impacting the EV market, including the elimination of tax credits, and highlights incidents involving autonomous vehicles and a rise in attacks on the transportation sector by hackers.

Source: YAHOO

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