Saturday, October 2, 2021

Amazon-backed EV maker Rivian discloses nearly $1 billion losses in IPO filing

For the six months ended June 30, Rivian's net loss widened to $994 million from $377 million a year earlier, the company said in its filing with the US Securities Exchange Commission.

from Tech-Economic Times https://ift.tt/3FaFgOK

No comments:

Post a Comment

Fuel volatility accelerates EV leap in last mile delivery for ecommerce, logistics firms

Ecommerce and logistics companies are accelerating the shift to electric vehicles (EVs) for last-mile deliveries, driven not just by sustain...