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Rivian Incentives: Rivian receives USD 827 mn in incentives to expand Illinois facility, shares jump, ET Auto - Vimarsana News

Rivian Incentives: Rivian receives USD 827 mn in incentives to expand Illinois facility, shares jump, ET Auto

Rivian Incentives: Earlier this year, Rivian had said it expects to spend about USD1.75 billion in capital expenditures in 2024, driven by additional investment in a second facility just outside of Atlanta, Georgia facility, but it has since paused construction of the plant.

EV maker Rivian raises IPO price range, aims for $65 billion valuation - Vimarsana News

EV maker Rivian raises IPO price range, aims for $65 billion valuation

The increased price band follows a successful investor roadshow this week, as Wall Street's big IPO investors bet on Rivian to be the next big player in a sector dominated by Tesla.