Volvo, the Swedish-based automaker, announced that the company would sell shares to fund its EV transformation strategy. According to the announcement, the companies parent company, Geely, has applied to hold an initial public offering on […]
Rivian, the Amazon and Ford-backed start-up, officially filed for an initial public offering on NASDAQ. The company aims to trade on the NASDAQ with the ticker symbol ‘RIVN.’ JPMorgan Chase, Morgan Stanley and Goldman Sachs […]
Polestar signed an agreement with Gores Guggenheim INC to form a special purpose acquisition company. The company will be held by a new public company named Polestar Automotive Holding UK upon closing the deal. The […]
Rivian announced this week the production of the first customer-ready R1T electric pickup truck from the facility in Normal, Illinois. With the milestone achievement, the company is still expected to deliver their first vehicles to […]
Rivian has filed for an initial public offering (IPO) and is seeking an $80 billion valuation, according to sources. The company submitted its S-1 registration to the Securities and Exchange Commission (SEC) on Friday with […]
After going public in the United States last year, China’s XPeng Motors has their sights set on another IPO, this time in Hong Kong. While the deal isn’t official yet, sources familiar with the matter […]
In February this year it was reported Rivian was seeking to go public with an IPO valuation of more than $50 billion. Now just three months later than number has grown by 40%. Bloomberg is […]
In an attempt to help fund its future in electric vehicles (EVs), Volkswagen Group is reportedly considering an initial public offering (IPO) of Porsche. Citing confidential sources at VW, Manager Magazin reported the deal could […]
Montreal based electric jet-ski and snowmobile maker Taiga Motors has announced its plans to go public via a merger with a special purpose acquisition company (SPAC). Taiga Motors, founded in 2015, plans to merge with […]
As Lucid Motors nears the release of its first luxury electric vehicles (EVs), its is reportedly close to going public through a merger with a special purpose acquisitions company (SPAC). Last month we reported that […]
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