article thumbnail

VW Throws Rivian A $5 Billion Lifeline, But Can They Stay Afloat?

Carscoops

facility but also to build a new facility in Georgia,” Bank of America said.” . “This news is meaningfully positive for RIVN as the agreement should provide the company with access to capital to not only fund the ramp-up of production of the R2 at its Normal, Ill.,

Buy Rate 104