Amazon-backed electric vehicle manufacturer Rivian Archives for IPO

Electric vehicle maker Rivian said it has confidentially filed an initial public offering with regulators, setting the stage for a successful year-end market debut as it appears to enter a bullish IPO market in the United States. Rivian, which counts Amazon.com, Soros Fund Management and BlackRock among its top investors, will seek a valuation of … Read more

Electric vehicle startups looking for low-cost roads for mass production

Electric car and van startups racing to become the next Tesla all want to avoid Elon Musk’s journey through “manufacturing hell.” But electric vehicle companies like British van company Arrival SA and Fisker are taking very different paths to overcome the challenges of the profitable mass production that nearly broke Tesla. Some have found investors … Read more