Rivian benefits from markets' thirst for electric automakers - NewsBreak
By Tarikul in Business
Updated 2 years ago
Rivian's smashing entry into Wall Street, where its value soared higher than that of the traditional Detroit automakers, is confirmation of investors' voracious appetite for any company making electric vehicles. The Detroit automakers' transition to electric fleets will take time, while with Rivian, "investors have a pure electric player on hand," Volokhine said.