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Right now, Rivian shares trade at a sizable discount to competitors like Lucid Group and Tesla. Lucid stock trades at 7.1 ...
Also, Inc., the tech mobility spin-off associated with electric truck maker Rivian, has secured a “significant investment” from Greenoaks Capital Partners, valuing the company at $1 billion. The ...
Now established as its own company, Also plans to make micro-EVs of all shapes and sizes and is supposed to reveal the first ...
Greenoaks Capital invested $200 million, raising Also’s valuation to $1 billion.
Rivian extended its lease deals for a range of R1S and R1T configurations. Combined with federal tax credits, you could save ...
The EV maker's strategic shift aims to expand market reach and improve financial stability. While the valuation improves, it is not yet a bargain.
Also Inc., a micromobility company spun off from Rivian Automotive Inc. RIVN, has raised $200 million in funding, taking its ...
Rivian, however, reported 82% revenue growth for Q1'24 and unit economics improved Q/Q. Check out why I continue to rate RIVN stock a strong buy.
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Rivian’s New Spin-Off ‘Also’ Aims to Disrupt the E-Bike and ...Rivian is best known for its rugged electric trucks and SUVs, but now it’s setting its sights on something smaller. The EV maker has officially spun off its micromobility division into a new ...
Rivian might make an e-bike, but it wouldn’t be the first automaker to contemplate diving into the world of micromobility. Do people want to buy a bike that shares its brand with trucks and SUVs?
EV maker Rivian had a total market value of $30 billion on Friday. Following its latest recall notice, it had fallen to $27.8 billion by the end of Monday.
Electric vehicle startup Rivian is reportedly working on an e-bike. According to Bloomberg, CEO RJ Scaringe told Rivian employees of the project during a company-wide meeting the automaker held on ...
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