Volkswagen's $5 Billion Investment In Rivian Has Some Experts Concerned About Scout's Planned Revival

Rivian builds some outstanding electric vehicles. It also recently announced several new models, including the incredibly desirable R3X. To make those vehicles happen, though, Rivian needed money, and this week it announced that Volkswagen would invest up to $5 billion in the startup. That’s great news for Rivian and…Read more...

Jun 27, 2024 - 18:10
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Volkswagen's $5 Billion Investment In Rivian Has Some Experts Concerned About Scout's Planned Revival

Rivian builds some outstanding electric vehicles. It also recently announced several new models, including the incredibly desirable R3X. To make those vehicles happen, though, Rivian needed money, and this week it announced that Volkswagen would invest up to $5 billion in the startup. That’s great news for Rivian and…

Read more...

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