Rivian

Rivian, an electric-vehicle startup backed by Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F), on Tuesday kept its date to begin R1T deliveries in September, racing past key rivals Tesla Inc (NASDAQ: TSLA), General Motors Co (NYSE: GM) and Ford in bringing an electric pickup to...

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle maker Rivian’s CEO RJ Scaringe on Sunday showed off its electric pickup truck R1T wading through a pool of water. What Happened: In a short video — that lasts 39 seconds — posted on Twitter, Scaringe...

Amazon, Inc. (NASDAQ: AMZN)-backed EV startup Rivian confirmed Friday it has confidentially filed for an initial public offering that reportedly could value the company as much as $80 billion. The company's eye-popping proposed IPO valuation has elicited mixed reaction from investors. Rivian...

The long-speculated initial public offering by Amazon, Inc. (NASDAQ: AMZN)-backed EV startup Rivian is a go.  What Happened: Rivian confirmed Friday it has confidentially filed for an IPO and said the offering will likely take place after the SEC completes its review process, subject to...

Electric vehicle maker Rivian has confirmed it has filed confidentially with the Securities & Exchange Commission for an initial public offering that could value the company at $80 billion, according to reports. "The size and price range for the proposed offering have yet to be determined,"...

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle maker Rivian is on track to begin deliveries of its electric pickup truck R1T in September, as per Teslarati.com, which cited CEO RJ Scaringe’s letter to pre-order holders. What Happened: Scaringe told customers...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has a piece of advice for Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle maker Rivian - learn from your mistakes before rushing to build a second plant. What Happened: Rivian is reportedly investing at least $5 billion to...

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle maker Rivian is in advanced talks to invest at least $5 billion to build an electric vehicle factory near Fort Worth, Texas, Bloomberg reported on Wednesday. What Happened: The plant, codenamed “Project...

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle maker Rivian is scouting locations to build a second manufacturing plant in the United States and said it has closed a $2.5 billion funding round, led by existing investors. What Happened: Rivian currently...

The first half of 2021 saw several high-profile companies go public with IPOs. Among the most well-known companies that completed their public offerings in 2021 were Coinbase Global Inc (NASDAQ: COIN), Bumble Inc (NASDAQ: BMBL), Roblox Corp (NYSE: RBLX), Petco Health and Wellness Company Inc (...

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk said that companies building things have his “utmost respect” as manufacturing is “so hard.” What Happened: Musk was responding to a post on Twitter that focused on the planned electric vehicle production numbers of Tesla’s new...

Amazon.com, Inc (NASDAQ: AMZN) -backed Rivian Automotive Inc has selected underwriters for an initial public offering, Bloomberg reports.  What Happened:  The California-based automaker Rivian Automotive Inc, which is also backed by Ford Motor Company (NYSE: F),...

Amazon.com Inc (NASDAQ: AMZN) and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian said on Thursday deliveries of its first electric pickup truck R1T have been pushed back by a month to July. What Happened: The electric vehicle maker updated its website to let customers know the...

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its first electric SUV and a pickup truck this summer. What Happened: The electric...

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co-backed (NYSE: F)-backed electric vehicle startup Rivian is partnering with South Korean manufacturing company Samsung SDI Co Limited to secure batteries for its upcoming launches, according to TechCrunch.  The two companies didn't ...