Amazon has a new van for delivery
Rivian Automotive filed Friday for an Initial Public Offering on Nasdaq. The company is developing electric cars, as well as commercial delivery vans, for Amazon. Under the ticker symbol RIVN, the company plans to trade on Nasdaq.
The paperworkRivian reports a loss of $994 million on zero revenue for the six first months in 2021.
Rivian was founded by Robert Scaringe in 2009, after he received a Ph.D. at the Sloan Automotive Laboratory of the Massachusetts Institute of Technology. It is located in Irvine (Calif.) and has 6,274 employees. It was completed at the close of June