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Rivian IPO: What you need to know

Teslarati

Such a valuation is ambitious , as it would make Rivian’s market cap just a bit lower than veterans such as General Motors ($84.82 billion) and Ford Motor Company ($79.65 It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., The Finances So Far. ” Conclusion.

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Ford, Volkswagen, and GM Explore EV-Powered Houses

Cars That Think

And in the last two weeks, one of the largest utility companies in the United States, Pacific Gas & Electric, announced plans to work with General Motors in experiments with their bidirectional charging technologies. And he’s skeptical about the cost factor in home bidirectional chargepoints.

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

In addition, the elimination of the powertrain required in ICE vehicles means all those related auto part manufacturing jobs in the auto supplier community will disappear. employees engaged in motor vehicle parts manufacturing, about one-quarter—nearly 150,000—make components for internal combustion powertrains.”.

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Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

Even General Motors has stated it does not plan to use deep sea mining, minerals. Tesla is the face of the EV transition, and its ambiguous position on deep sea mining could drive investment in this controversial industry. I mean, for reference, the auto industry is roughly 100 million vehicles per year. So, thank you.

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