An Amazon electric delivery van in Seattle’s Ballard neighborhood on Saturday. (GeekWire Photo / Kurt Schlosser) “Small Business Saturday” turned out to be a good day to spot a growing effort by one very big business to shrink its carbon footprint. Across Seattle, GeekWire spotted Amazon’s distinct electric delivery vans […]
Rivian
The Dow Jones Industrial Index stood at 32,944 heading into a new trading week. That’s down 1.99% in the past week and 9.34% on a year-to-date basis. Meanwhile, the S&P 500 is off 10.9% year to date; the Nasdaq Composite is down 17.6%; and the Russell 2000 index is of […]
Ford’s doing its own thing. Ford Talk about a massive shift in a matter of two years. Ford CEO Jim Farley said in an interview with Automotive News Friday the automaker no longer plans to jointly build an electric vehicle with Rivian. Ford was an early investor in the darling […]
Ford Motor Company (NYSE: F), which is one of the early backers of EV startup Rivian Automotive, Inc. (NASDAQ: RIVN), is shelving its plan to develop an EV with the latter altogether. What Happened: As Ford steps on the gas on its EV transition, the Detroit-based automaker has decided to […]
Rivian, the truck-focused EV startup, might not play as much of a role in the future of Ford’s electric-vehicle strategy as had been previously indicated. In an Automotive News interview cited by the publication Friday, Ford CEO Jim Farley confirmed that plans are off for the two companies to develop […]
Here are two numbers that say a lot about how investors view two key electric vehicle startups: $232,000 and $89 billion. Driving the news: That’s luxury EV startup Lucid Motors Q3 revenue and its market capitalization at yesterday’s close of trading. Stay on top of the latest market trends and […]
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. SILVER SPRING, Md. (AP) — Shares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors […]
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. SILVER SPRING, Md. (AP) — Shares of Rivian Automotive jumped in their debut Wednesday, rising as much as 53% as investors […]
FILE – This Nov. 14, 2018, file photo shows a Rivian R1T at Rivian headquarters in Plymouth, Mich. Shares in Rivian Automotive are set to trade publicly on Wednesday, Nov. 10, 2021, and the world should get a better idea of just how hot investors are for the electric vehicle […]
Rivian Rivian started delivering its debut vehicle, the R1T electric pickup truck, in September. The startup is also getting ready for an IPO. Experts consider Rivian the most promising contender among today’s EV startups. See more stories on Insider’s business page. A new generation of electric-vehicle startups has started to […]