Rivian Automotive Inc, which is backed by Amazon.com Inc, is targeting a valuation of more than $53 billion for its U.S. debut, making the electric vehicle manufacturer potentially almost as valuable as rival Honda Motor.
from Top Business News- News18.com https://ift.tt/3GL3XlY
EV Startup Rivian Could Be Worth Nearly As Much As Honda In U.S. IPO
post written by: Rohit
Related Posts
Nifty, Sensex Slump as Govt Extends Coronavirus Lockdown; HDFC Bank SlidesThe NSE Nifty 50 index was down 4.25% at 9,448.15, while the S&P BSE Sensex was 4.34% lower at 32,260.30. from Top Business News- News18.com https://ift.tt… Continue Reading
Reliance Jio-Silver Lake Deal: Here's All You Need to KnowThis is the first sizable investment by SLP in India and reaffirms Jio’s technological capabilities and the potential of the business model, even in this Covid-… Continue Reading
India Doubles Down on Solar, Gas at Coal's Expense as Electricity Use FallsIndia's solar and gas-fired electricity generation rose in April even as overall power demand fell at the steepest monthly rate in at least thirteen years, a Re… Continue Reading
Days After Facebook Deal, Jio Platforms Gets Rs 5,655.75 Crore Investment from Silver LakeThe deal comes less than two weeks after Facebook spent $5.7 billion to buy a 9.99 percent stake in Jio. The Facebook-Jio deal was the social media network’s bi… Continue Reading
Dollar Firm but Stocks, Oil Under Pressure as US-China Tensions Rise Over CoronavirusIn commodity markets, US crude futures sank in early trade on worries about oil oversupply, even as some US states start to ease coronavirus pandemic restrictio… Continue Reading
0 comments: