Rivian still faces cash burn, cooling sales despite $1 billion infusion from Volkswagen, analysts say

πŸš—πŸ’Έ Rivian still faces cash burn, cooling sales despite $1 billion infusion from Volkswagen, analysts say #EVs #AutoNews

Volkswagen will infuse $1 billion into Rivian as the EV maker develops new models. But analysts point out a growing cash burn for Rivian.

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