EV Start-Up Rivian Hasn’t Sold a Truck Yet. But It Thinks It’s Worth More Than Ford.

3 years ago 379

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/rivian-ipo-ev-trucker-maker-stock-valuation-51630101566


Updated Aug. 27, 2021 6:18 p.m. ET / Original Aug. 27, 2021 6:00 p.m. ET

  • Order Reprints
  • Print Article

Electric trucking start-up Rivian is said to beryllium looking for a astir $80 cardinal valuation erstwhile it sells shares successful an archetypal nationalist offering soon.

Rivian’s valuation is eye-popping, and large adjacent for an EV company. Its expected marketplace headdress outpaces Chinese EV shaper NIO‘s (NIO) $63 cardinal marketplace value, and it is much than those of EV start-up Lucid (LCID) and XPeng (XPEV) combined.

It...


Read Entire Article