How Rivian benefits from Mercedes electric van tie-up

Rivian Scaringe 2022.jpg — Rivian CEO RJ Scaringe (shown) and company executives have long sought a European production site.

B

By:

Bloomberg

September 09, 2022 03:12 PM

Rivian just added almost $3 billion to its market capitalization in a day, and all it took was a fairly bare-bones deal with a potential rival.

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