Porsche Is Expected to Reach Up to $75 Billion in Its Initial Public Offering (IPO)
19 Sep 2022, 23:53 UTC · By: Gustavo Henrique Ruffo / Volkswagen will list its preferred shares at 76.50 euros to 82.50 euros per share, resulting in the market cap we mentioned before.
Porsche IPO Is Moving Full-Speed Ahead, Will Bring Increased Independence
6 Sep 2022, 14:45 UTC · By: Sebastian Toma / Porsche is set to become a bit more independent from several points of view once its IPO is listed on the market. Here is what you need to know about it
Just Maybe the Porsche IPO Gig Is a Bad Idea Right Now
15 Aug 2022, 15:01 UTC · By: Tim McKenzie / Questions about autonomy and valuation have cast a shadow on the Volkswagen AG unit's upcoming IPO valuation expectations
Lack of Money for EV Startups Means Legacy Automakers Are Occupying EV Space
31 May 2022, 13:33 UTC · By: Gustavo Henrique Ruffo / The opportunity window for new electric car companies to emerge is either closing or already shut down. The already established ones will have a hard time.
Qiantu K50 Maker Will Join the SPAC Frenzy and Go Public Through a Merger
3 May 2022, 08:44 UTC · By: Gustavo Henrique Ruffo / Mullen was the one that was going to sell the electric sports car in the U.S., but the plans seem to have changed from November 2019 until November 2021
Volkswagen Considers Listing Porsche as a Stand-Alone Company Through IPO
22 Feb 2022, 13:25 UTC · By: Gustavo Henrique Ruffo / Both Volkswagen and Porsche SE made official statements talking about the intention to make Porsche walk on its own feet from now on
Rivian Automotive Posts $1.23 Billion in Third Quarter Losses, Stocks Tank Hours Later
17 Dec 2021, 08:55 UTC · By: Humphrey Bwayo / Electric Vehicle startup Rivian posted a $1.23 billion loss citing costs from production, CEO strongly believes its problems are solvable
Hagerty Goes Public on Wall Street As the Classic Car Market Gets Even Bigger
6 Dec 2021, 20:58 UTC · By: Stephen Rivers / Hagerty has been growing on their own in a number of ways and going public will only help them take over more of the classic car market
Ford Cancels Plan to Co-Develop EVs With Rivian
19 Nov 2021, 23:06 UTC · By: Stephen Rivers / In a move that sounds more like they're just taking a break rather than breaking up altogether, Jim Farely says that Ford will go it alone in the EV space
Rivian's Market Cap Right After IPO Reaches More than $100 Billion
10 Nov 2021, 21:25 UTC · By: Gustavo Henrique Ruffo / The R1T has been receiving very favorable reviews, but is it enough for the new EV maker to be reputed as more valuable than GM and Ford?
Rivian IPO Set at $78 a Share and That Represents a Value of $66.5 billion
10 Nov 2021, 04:20 UTC · By: Todd Halterman / Rivian, with significant financial backing from Amazon and Ford, recently delivered the first of their production electric pickups, the R1T.
Aptera Plans Micro-Factories and IPO in Nine to Eighteen Months
8 Nov 2021, 21:58 UTC · By: Gustavo Henrique Ruffo / The company confirmed that its new factory in Carlsbad will have 77,147 square feet (7,167 m²) and produce up to 40 cars per day.
Former Marketing VP Accuses Rivian of Firing Her Due to Toxic Bro Culture
4 Nov 2021, 23:57 UTC · By: Gustavo Henrique Ruffo / Laura Schwab led Aston Martin in North America for five years before joining Rivian in December 2020. She was as excited then as she’s disappointed now.
Rivian Aims for $60 Million Dollar Value at Upcoming IPO
1 Nov 2021, 22:01 UTC · By: Stephen Rivers / Rivian has been working hard to bring its R1T to production and now it's closing in on an IPO that they hope will end up valuing the company above rivals
This News Should Have Elon Musk Breaking Out in a Cold Sweat - Amazon Owns 20% of Rivian
30 Oct 2021, 15:53 UTC · By: Todd Halterman / Ford Motor Co, which also boasts a ‘strategic relationship’ with Rivian, did recently remove a representative from the startup truck maker's board
Volvo's IPO Helps the Company Raise $2.3 Billion, Less Than It First Expected
29 Oct 2021, 13:42 UTC · By: Gustavo Henrique Ruffo / The initial public offer was supposed to raise $2.9 billion, even after Hakan Samuelsson said it could pave its way to electric mobility without the IPO
Rivian Founder Reveals How Company Was Created in Form S-1 Letter
5 Oct 2021, 10:23 UTC · By: Gustavo Henrique Ruffo / RJ Scaring said Rivian almost followed the same path Tesla used to reach the market, but found a unique way “to have impact.”
Rivian Has Spent $1.75 Billion in Research and Development Since 2019
4 Oct 2021, 17:04 UTC · By: Gustavo Henrique Ruffo / That’s what the IPO documents recently disclosed reveal about the company. It has also had 48,390 pre-orders for the R1T and the R1S.
Polestar Is Preparing A SPAC Deal: Market Cap May Reach $20 Billion
27 Sep 2021, 11:55 UTC · By: Gustavo Henrique Ruffo / The Wall Street Journal anticipated that the deal would be about to be announced on September 27. It involves a merger with Gores Guggenheim Inc.
Rivian Is Ready to Make Its IPO: the Target Would Be $80 Billion
27 Aug 2021, 16:57 UTC · By: Gustavo Henrique Ruffo / In a press release, the company said it submitted a confidential draft to SEC for the “proposed public offering of its common stock.”