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2 mins read
US-based Triton to enter India with N4 electric sedan priced at ₹35 lakh
Only 100 units of the limited edition version -- N4-GT -- would be produced, it added. The…
PTI
2 mins read
An American electric car maker is on a hiring spree in India — plans to add 10,000 jobs over the next year
US-based electric vehicle maker Triton is looking to hire new talent in India as the company gears …
4 mins read
Sona Comstar IPO worth ₹5,550 crore opens today – find out if this EV battery player has enough juice for a long ride
Sona Comstar, the Blackstone-backed automotive components maker, has kicked off its ₹5,550 crore in…
2 mins read
Tesla has 'significant first-mover advantage' in the electric vehicle space - but 3 smaller names are also poised to succeed as EV sales climb in 2021, CFRA says
Tesla has established a "significant first mover advantage" over new entrants in EV market, but Riv…
Emily Graffeo
2 mins read
US stocks slip as traders wait for Fed meeting minutes
Markets were eyeing the release of the Fed's July meeting minutes, due out at 2 p.m. ET on Wednesda…
Max Adams
5 mins read
How Rivian went from Wall Street darling to another struggling EV startup
Two rounds of layoffs and an 80% stock slump have Rivian's CEO promising focus. Customers just want…
Alexa St. John,Nora Naughton
4 mins read
People are so desperate to get an EV that they're putting deposits down on multiple and buying whichever one is built first
Order-holders at startups like Rivian are starting to make reservations with rival brands while the…
Nora Naughton,Alexa St. John
1 min read
Rivian soars 29% in IPO debut, valuing electric truck company above peers at nearly $100 billion
The Rivian IPO raised $11.9 billion from the sale of 153 million shares, making it the sixth bigges…
Matthew Fox
2 mins read
The big winners in Rivian's $77 billion IPO include Amazon, Ford, and a Saudi investor that sells gas-fueled cars
The Rivian IPO will raise $11.9 billion for the electric vehicle manufacturer, making it the sixth …
Matthew Fox
3 mins read
Nykaa plans to go ‘aggressive’ with its retail store network, a vertical that contributes less than 10% to its revenue
Nykaa’s initial public offering (IPO) is one of the most sought after events in the Indian startup …
6 mins read
KIMS IPO – most analysts are bullish on the hospital chain’s prospects
The KIMS IPO opens tomorrow and hopes to mop up ₹2,144 crore from the bullish share markets. It is …
2 mins read
Rivian CEO warns the looming EV battery shortage will make the chip shortage feel like 'a small appetizer' for what's to come
Tesla CEO Elon Musk has warned battery cell supplies could become a major issue and has said Tesla …
Grace Kay
1 min read
A lingerie maker's stock is soaring on a deal to merge with an EV manufacturer
"While we confidentially submitted a draft S-1 to go public via an IPO, we came to believe that Nak…
Matthew Fox
5 mins read
Markets looking for final burst before year end
BSESENSEX lost 686.83 points or 1.09 per cent to close at 62,181.67 points while NIFTY lost …
2 mins read
Rivian lost $2 billion in market value in a single day after recalling nearly all of its EVs
EV maker Rivian had a total market value of $29.99 billion on Friday. Following its latest recall n…
Stephen Jones
2 mins read
Blackstone-backed Sona Comstar’s ₹5,500 crore IPO could open next week, reports suggest
Sona Comstar, one of India’s leading automotive components makers, is gearing up to launch its ₹5,5…
1 min read
Robinhood looks to allow users to buy directly into IPOs, report says
While Robinhood could easily implement this for its own IPO, it remains to be seen how other compan…
Isabelle Lee
2 mins read
Rivian investors are betting it's the next Tesla. Now comes the hard part.
The startup is now worth more than General Motors and Ford, which move millions of vehicles per yea…
Tim Levin
2 mins read
EV maker Rivian missed its 2021 vehicle production target by 15%
Electric-vehicle startup Rivian produced 1,015 cars in 2021, falling short of targets to produce 1,…
Grace Dean
2 mins read
Rivian stock is still a top EV play despite its big sell-off this week, Morgan Stanley says: 'You can't have the reward without the pain'
"Tesla has shown us the extremely difficult path to ramping EV manufacturing," Morgan Stanley analy…