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From The Economic Times

Center-Right Owned by Bennett, Coleman & Co.

Rivian says it's on track for $250 million Uber funding by year-end, R2 demand strong

Rivian says it's on track for $250 million Uber funding by year-end, R2 demand strong

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The Uber funding and strong R2 sales are crucial to Rivian's push to narrow heavy losses and cash burn while it funds a bet on self-driving technology and leans on its joint venture with Volkswagen, which has become a major source of revenue.

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