Rivian Scores $5 Billion Investment from Volkswagen: What This Means for Scout Motors
Rivian made headlines with some piping hot tea. Rivian announced a $5 billion investment from Volkswagen. The Volkswagen Rivian partnership will see the two companies collaborate on software development for electric vehicles, starting with an immediate $1 billion infusion from the German automaker, followed by an additional $4 billion in the future. This significant investment…