Rivian and the state of Georgia plan to announce the company’s second electric vehicle (EV) factory in the U.S., which will be located in Atlanta — reports The Atlanta Journal-Constitution. Citing sources close to the matter, the publication says Georgia Governor Brian Kemp and Rivian officials will be holding a ceremony next Thursday to announce the […]
According to Yahoo Finance, a recent report from investment firm Morgan Stanley Research names Rivian as “the one” to beat Tesla. Rivian, an electric vehicle (EV) startup backed by eCommerce giant Amazon and veteran automaker Ford, went public on November 10 and raised a whopping $11.9 billion USD in funding at an initial offering price […]
After Rivian’s proposed starting initial public offering (IPO) price of $62, the company landed a starting price of $76, before the company’s stock jumped in the past several days. Rivian has been on a five-day rally, pushing the company’s market capitalization past that of Volkswagen’s, according to Bloomberg. On Tuesday, Rivian’s surged 14 percent, trading […]
