insert_link Tech Made Simple Rivian files to go public at up to a reported $80 billion valuation Buzzy (and extremely well-funded) EV startup Rivian has filed paperwork with the Securities and Exchange Commission to go public. Rivian will be doing a traditional initial public offering, bucking the recent trend of electric vehicles going public by merging with a special purpose acquisition company, or SPAC. The company, which is backed by Amazon and Ford, announced that it submitted a draft registration statement for the IPO in a press release. […] todaySeptember 1, 2021
insert_link Tech Made Simple Amazon Puts Its Electric Auto Eggs in Rivian’s Basket Last week Amazon.com Inc stated it would lead a $700 million investment in U.S. electric pickup truck startup Rivian Automotive LLC, in the e-commerce giant’s biggest bet on technologies with potential to reshape the automotive sector. According to reports from Reuters news agency, the deal represents a major endorsement of Rivian’s electric vehicle technology by the world’s largest online retailer. Amazon is hoping Rivian will assist it in its […] todayFebruary 20, 2019