Amazon, Ford Backed EV manufacturer Rivian files for IPO
Rivian, the electric vehicle startup, has filed confidentially for an initial public offering (IPO), seeking a valuation of more than $70bn. There is no clarity on how much they ar
Amazon to invest in natural gas trucks to lessen carbon emissions
The company has witnessed a boom in business in the last year with a 38 percent increase in sales. Amazon plans to operate a carbon-neutral business by 2040. The engines in the EV
EV startup Rivian gets $2.5 billion in latest round of funding
Rivian has made quite inroads into the competitive electric vehicles market ruled by the behemoth Tesla and the small rival Nikola Corp. Rivian aims to put an electric pickup and S
Tesla Rival Rivian Grow Forces with Amazon’s $700M Investment
Amazon’s investment in electric vehicle startup Rivian will engineer Tesla’s first challenge in the EV market aside from possibly being the second most significant milestone in
