Mercedes-Benz is not currently looking at acquisitions as a means to proceed with its strategy of repositioning the automaker as a luxury firm, CEO Ola Kaellenius said on Friday. “There …
Rivian
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Ford Motor sold 7 million shares of electric automaker Rivian Automotive Inc (RIVN.O) for about $188.2 million, or $26.88 per share, the U.S. automaker said in a filing on Friday. …
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Ford Motor sold eight million shares of electric automaker Rivian Automotive for $214 million, or $26.80 apiece, the automaker noted in a filing on Tuesday. Ford now holds almost 94 …
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Rivian Automotive Inc will get $1.5 billion in state and local incentives and tax credits for an electric vehicle plant it plans to construct in Georgia, the state and the …
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Ford Motor’s fourth-quarter results include an $8.2 billion gain on its investment in Rivian Automotive, after the electric automaker’s market debut in November. Rivian had increased as much as 53% …
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Electric vehicle startup Rivian Automotive Inc will build a $5 billion plant in Georgia, its second U.S. assembly plant, as it looks to expand production, the company said on Thursday. …
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Rivian on Friday closed a $2.5 billion fundraising round led by investors such as Amazon.com, Ford Motor, and T. Rowe Price. The announcement came the day after the electric car …
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Electric-vehicle startup Rivian, which is backed by Amazon.com and Ford Motor, is looking to go public as soon as September at a valuation of about $50 billion or higher, Bloomberg …
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Rivian announced in 2018, long before Tesla Inc’s Cybertruck and General Motors’ Hummer EV, that they are making R1T. R1T has 754 horsepower and all-wheel drive. The car is not the most practical construction-site hauler, …
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Electric vehicle startup Rivian, which is backed by Amazon and Ford Motor on Wednesday said it is preparing to follow up its first two products, a full-size pickup, and SUV, …
