VW Throws Rivian A $5 Billion Lifeline, But Can They Stay Afloat?
Carscoops
JUNE 28, 2024
. “The EV business is sure looking like a race to the bottom in terms of excess capacity into slowing demand and a Chinese EV machine just getting started in the export/transplant markets,” Morgan Stanley said. That is another challenge Rivian has to come to grips with regardless of VW’s involvement.
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