The US electric car developer Rivian wants to collect up to 8.4 billion dollars from investors when it goes public. The electric car maker wants to sell 135 million shares in a price range of 57 to 62 dollars. Amazon and Ford support Rivian.
Rivian launched its first electric model in the competitive pick-up segment in September, winning a race with Tesla, among others. In addition, the company, which was founded in 2009, has lucrative large orders for Amazon delivery vans up its sleeve.