Rivian all-electric pickup truck on display at Fully Charged Live in Austin Texas. Credit: Roschetzky Photography/Shutterstock.com Electric Truck Maker Rivian, Backed by Amazon, Goes Public
The valuation of Rivian Automotive ($66.5 billion), which has so far delivered about 150 of its electric pickup trucks to customers, mostly employees, is up there with established automakers such as Honda ($53 billion) and Ford ($80 billion), which sell millions of cars worldwide each year.
November 10, 2021 at 01:45 PM
4 minute read
Shares in Rivian Automotive are set to trade publicly Wednesday, and the world should get a better idea of just how excited investors are about the electric vehicle market.
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