Amazon, Ford, Sumitomo, Cox Enterprises and Abdul Latif Jameel are set to score exits after the electric truck developer filed confidentially to go public.
Rivian, the US-headquartered electric truck developer that has raised over $10bn from investors including several corporates, has confidentially filed for an initial public offering, it has announced.
Founded in 2009 before emerging from stealth in 2018, Rivian has developed a plug-in electric pick-up truck called the R1T and a sports utility vehicle dubbed the R1S, both of which will soon begin to be delivered to customers.
The company secured $2.5bn last month in a round co-led by e-commerce group…
