Business
Rivian leaps past Volkswagen’s valuation as EV mania rages – The Australian Financial Review
Shares in Rivian Automotive, which has zero revenue, have more than doubled since they began trading last week.
Volkswagen is Europes largest automaker with about 10 million vehicle deliveries per year, making it the global number two behind Toyota Motor. Volkswagen generates about 250 billion ($387 billion) in revenue annually and targets around 15 billion in automotive…
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