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Rivian receives the next $1B from Volkswagen as sales struggles continue
techcrunch.com/2025/07/02/rivian-receives-the-next-1b-from-volkswagen-as-sales-struggles-continue
Rivian has hit a milestone in its agreement with German automotive giant Volkswagen that will bring $1 billion into the EV startup’s coffers in the form of a share sale. Rivian also announced Wednesday that it delivered 10,661 vehicles in the second quarter.
That represents a 23% drop in…
This story appeared on techcrunch.com, 2025-07-02 13:00:48.