Rivian lost $1.46 billion in Q2 as it drives towards a VW-linked future | TechCrunch
Briefly

Rivian faces financial losses as it transitions to newer models, expecting positive gross profit in 2024 with help from a potential $5 billion investment from Volkswagen.
The partnership with Volkswagen aims to leverage Rivian's advanced technology in a joint venture, potentially benefiting both companies and other automakers.
Read at TechCrunch
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