Tag: Electric Vehicles
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Rivian Valued At Over $100 Billion In Its IPO, After World’s Biggest IPO Of 2021
In the world’s largest IPO this year, Rivian Automotive Inc.’s stock rose as much as 53% on Wednesday, giving the Amazon-backed electric vehicle (EV) manufacturer a market value of more than $100 billion. Rivian’s stock traded at $100.73, up almost 30% from its initial public offering. It is now the second most lucrative automaker in…
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Tesla, Ford, and other EV makers make some of the most significant EV announcements of 2021 (so far).
Even with a Covid 19 pandemic and semiconductor chip deficiency, the electric vehicles keep growing. Luxury cars are not the only kind. EVs are being released by Subaru, Hyundai, and Kia. Soon, we will be able to drive electric pickup trucks. That doesn’t even cover everything. Here are the biggest electric vehicle unveilings of 2021.…