Wednesday, October 9, 2024

electric SUVs

LatestNewsVehicle manufacturers

EV startup Rivian to be valued at similar IPO price to Honda

Amazon-backed Rivian Automotive, is targeting a valuation of more than $53 billion for its US debut, placing this electric vehicle maker in the same league as rival, Honda Motors, as EV companies emerge as some of the most sought after investments, in the wake of Tesla.

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