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 ...

Greenoaks Capital invested $200 million, raising Also’s valuation to $1 billion.

Now established as its own company, Also plans to make micro-EVs of all shapes and sizes and is supposed to reveal the first ...

Also Inc., a micromobility company spun off from Rivian Automotive Inc. RIVN, has raised $200 million in funding, taking its ...

Right now, Rivian shares trade at a sizable discount to competitors like Lucid Group and Tesla. Lucid stock trades at 7.1 ...

Naturally, the overvaluation didn't last. Now, Rivian's stock has fallen a whopping 93% from its all-time high, which is sure to catch the attention of value-conscious investors who are optimistic ...

Financials remain troubling, but its valuation is improving. Rivian appears to be on a promising path to lowering its conversion cost per vehicle in the second half of 2024, ...

Electric vehicle companies, including Rivian, have seen a slowdown in demand lately, resulting in valuation pressure. Rivian, however, reported 82% revenue growth for Q1'24 and unit economics ...

Rivian said in a statement that the size and price range of the proposed offering have yet to be determined. A valuation of $80 billion would make Rivian worth more than Ford and GM, each.

Rivian (RIVN) is set to IPO next week with an expected valuation of ~$52 billion. See why we're skeptical that Rivian’s IPO will deliver for investors.