Is Rivian's $1B Boost from VW a Game Changer for EV Sales?

Rivian received a $1 billion investment from Volkswagen as electric vehicle sales showed mixed results, with the electric Hummer nearing F-150 Lightning sales and Tesla reporting a second consecutive year of declining sales. Legislative changes eliminated tax credits for electric vehicles and renewable energy incentives, affecting companies like Slate Auto. Tesla demonstrated an autonomous vehicle delivery, while startups Pebble and Grounded began delivering new electric travel trailers and vans. The FBI and cybersecurity firms warned of increased cyberattacks targeting airlines, with Qantas reporting a data breach affecting 6 million passengers.

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