Rivani receives the next $ 1B from Volkswagen as the sales fights continue

The range has hit a tag with the giant volkswagen the giant automobile automobile in the EV Startup’s Coffers in the shape of a part-party announced Wednesday that has accomplished 10.661 vehicles in the second trimester.

That represents a 23% drop on sale from the second quarter of 2024, and only a slight improvement on the first quarter’s first quarter, when Shipped 8,640 EVS. I am The company has already declined his Target sales for 2025 Due to the President of the President of Trump and Trade Trade, all who make more expensive to build cars.

Riversian said wednesday that also believes that gives 40 09000 Evs this year. But also blame the tall of that range means it has to ultimately less cars in 2025 that made it in each of the two years. All this makes you special things to the rival, that has historically burned for dollar bathrooms and is boring a lot of more affordant, r2.

The payment from the Volkswagen is the result of revised of his gross profit of their second in first quarter of this year. In 2024, the two automaco announced a Joint venture technology is worth $ 5.8 billion. Rivan gave employees, together with their electrical electric software, to that articulates. Volkswagen plan to use those underlying technology to feed their future EVs. Provided the first $ 1 billion to rival end of last year in the form of a convertible note.

Rivan was just able to get the ugly of profit because he spent a lot of money and effort during the last two years simplify his roll and r1t consignment. Those reprieved versions hit the past year and were dramatically dramatically for rivies to build, even the company is always losing the money.

Things could also have more challenging for the companies as the revolution if trump has what it wants with its called a proposed “a big beautiful beautiful.” This week, this piece of legislation has been tried by the US Senate to the representatives house. In their current form, finish the Federal Tax Credit, which size instant $ 7,500 from the price of a new electron price, in September of this year.

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