Electric vehicle manufacturer Rivian is planning its initial public offering for next week, according to a regulatory filing. The company is seeking a valuation of just over $60 billion. The automaker will trade on the Nasdaq Stock Market under the symbol RIVN. Rivian, which just recently started delivering its first vehicles, filed for the IPO in September. In… Continue reading Rivian Preparing to IPO Next Week
Tag: Amazon
Amazon’s Rivian Vans Spotted in Colorado
Amazon’s Rivian-built electric vans have been spotted making deliveries in Colorado. The vans were previously only known to be making deliveries in California. Amazon hopes to have 10,000 Rivians making deliveries by next year. The company says it has already used electric vehicles to deliver more than 20 million packages. The Colorado Sun reported that Rivian… Continue reading Amazon’s Rivian Vans Spotted in Colorado
Rivian Vans Hit the Road for Amazon
Amazon’s Rivian-built vans are officially making deliveries. Amazon released a video overview of the new vans, pointing out that the vehicle went from sketch to deliveries in just a year. Amazon has ordered 100,000 vans from Rivian. Amazon previously released a list of the van’s features: State-of-the-art sensor detection, a suite of highway and traffic… Continue reading Rivian Vans Hit the Road for Amazon
Zoox Unveils All-Electric Robotaxi
Zoox, Amazon’s autonomous vehicle effort, unveiled Monday its all-electric robotaxi prototype. Amazon says the vehicle is designed for dense, urban environments. The vehicle is capable of operating up to 75 miles per hour and has bidirectional driving capabilities and four-wheel steering, which enables maneuvering through compact spaces and changing directions without the need to reverse.… Continue reading Zoox Unveils All-Electric Robotaxi
Check Out the Rivian-Amazon Delivery Van
Amazon has offered a look at the Rivian-designed van that will electrify its delivery fleet. In addition to ordering 100,000 vans from Rivian, Amazon is also an investor. In a blog post, Amazon showed one of three different models customized with Rivian to “enhance the driver experience and optimize safety.” “When we set out to… Continue reading Check Out the Rivian-Amazon Delivery Van
Amazon Acquires Self-Driving Startup Zoox
Amazon has purchased self-driving technology startup Zoox for more than $1 billion, the latest show of the online retailer’s interest in vehicles that can operate on their own. Amazon has previously placed bets on Rivian, which is developing self-driving tech to pair with its electric pickup and SUV; Aurora, which was co-founded by Chris Urmson, the… Continue reading Amazon Acquires Self-Driving Startup Zoox