With Amazon already being a huge investor in Rivian, do you think they purchase Rivian from Scaringe? This is an interesting read about what could happen with Amazon and Rivian.
Rivian will become a leader in the shift to sustainable mobility, autonomous trucking and autonomous driving globally. They won’t need the sweet talk of an Elon Musk for Tesla, a company that loses more money than it has fans. Bezos doesn’t need to pander on social media, he’s a business visionary.
If Tesla and Waymo alumni already made a $2.5 billion valuation for Aurora, how much could Rivian soon be worth? It’s hard to quantify the ceiling for this company in 2019. It’s all about the talent and the backing at this point, and how well will EVs even do in the U.S., a somewhat backwards country when it comes to green technologies.
Rivian was in stealth mode until recently. It’s one of the key startups I’m watching in this space. By the end of 2020, Rivian intends to begin producing premium electric vehicles with a greater range than anything on the road today. By 2024, it should be acquired by Amazon, likely along with Aurora.