Volkswagen to Invest $5 Billion in EV Maker Rivian, Establishing Joint Venture
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#483b8424 ver:0.19

Volkswagen is investing $5 billion in EV maker Rivian, forming a joint venture to produce next-gen electric vehicles. Nissan is investing $1.4 billion to update its UK factory for EV production, supporting the manufacturing of electric versions of popular models. The UK government has launched the Advanced Manufacturing Plan with £2 billion allocated for the automotive industry, including batteries, and released a Battery Strategy to establish a competitive battery supply chain. Welsh firm DG Innovate, focused on sodium-ion batteries, has seen a surge in stock after appointing former Tesla executives. Dutch pension fund PGGM has become the largest shareholder in EV charging infrastructure operator Electra. #EV #investment #UK #manufacturing #batteries #Volkswagen #Rivian #Nissan #DGInnovate #PGGM #Electra...

#newstr #Nissan #Uk #EvProduction #AdvancedManufacturingPlan #BatteryStrategy #DgInnovate #PggmInfrastructureFund #Electra #Volkswagen #Rivian 

 https://here.news/story/483b8424?ver=0.19