Amazon-backed EV Startup Aims For Valuation Above $50 Bn
Rivian Automotive, an Amazon-backed electric vehicle startup, said Monday it is targeting a valuation of more than $50 billion. The California-based company will price shares between $57 and $62, raising up to $9.1 billion at the midpoint price and all…
World Fund Climate VC Fund Aims to Raise 350 Million Euros for Green Startups | Investing News
BERLIN (Reuters) – A recently launched climate technology fund, which says its mission is to solve the problem of climate change, aims to raise a total of 350 million euros ($407 million) to invest in startups whose innovations could avert the…
Indian beauty startup Nykaa aims IPO at valuation of above $7 billion
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. MUMBAI (Reuters) – Indian startup FSN E-Commerce Ventures, which runs beauty company Nykaa, has priced its initial public…
Xiaomi Aims 2024 For EV Mass Production & Might Actually Beat Apple
Xiaomi’s electric car plans were announced less than a year ago, but the company is already making brisk progress ahead of its potential rival Apple. Chinese consumer electronics giant Xiaomi says it will begin mass production of its first vehicle…
UK Net Zero Strategy aims for guilt-free flying, and more electric cars and trees
The Net Zero Strategy comes less than two weeks before the UK government hosts the COP26 conference in Glasgow, Scotland, where British Prime Minister Boris Johnson will seek to commit dozens more leaders to make net zero pledges and a global commitment…
Ford Stock: Is It A Buy Now? Automaker Aims To Battle Tesla With New EV Battery Deal
Ford Motor (F) began the new decade with optimism as it emerged from a fundamental corporate redesign to compete in the era of smart vehicles and clean energy. The automaker is investing heavily in new technologies to keep pace with competitors in the…
US startup aims to transform pet food with lab-made chow
Cloudy liquid bubbling in glass tubes is key to a US startup’s hopes of remaking the pet food industry by growing nutritional chow in a lab. Most pet food includes animal protein, which requires the slaughter of animals and is ultimately a source…
Balmuda’s First Coffee Maker Aims to Give You Professional Drip Brew at Home
Sometimes, powerful things come in small packages. And that’s no less true for a good cup of Joe. Witness The Brew by Balmuda, the Japanese design company’s first coffee maker. Released on Friday after six long years of development, the device uses an…
Applied Materials Aims to Improve Chip Production for Electric Vehicles | Investing News
(Reuters) – Applied Materials on Wednesday released two new tools aimed at improving the efficiency of making a new class of chips for electric vehicles. Applied is the world’s largest maker of tools for making semiconductors. The machines…
Reliance aims to generate 100 GW renewable energy, bring green hydrogen cost under $1/ kg by 2030: Mukesh Ambani
© Provided by CNBCTV18 Amid the global push for alternate sources of energy, Reliance Chairman Mukesh Ambani said Reliance Industries will by 2030 create or enable capacity to generate at least 100 gigawatts of electricity from renewable sources, which…