Ed Ludlow and Siddharth Philip

Business, Technology

Post IPO, Rivian Pursues Stand-Alone Battery Plant

Post IPO, Rivian Pursues Stand-Alone Battery Plant A Rivian R1T electric pickup truck during the company's IPO outside the Nasdaq MarketSite in New York, on Nov. 10. (Bing Guan/Bloomberg)

Fresh off a $12 billion initial public offering, Rivian Automotive Inc. is investing in a dizzying array of expansion projects and actively pursuing a site for a stand-alone battery factory in addition to a pair of new vehicle-assembly plants already planned.

November 12, 2021