At the end of the year, we pass on the values grown in the electric car sector’s stock market. A compilation showed us the meteoric growth of some electric coaches brands, like NIO, with a 1,069% in 2020, and Tesla, which has only increased the value of its actions by 779%. Now the experts are looking for the next manufacturer who will debut on the quote and repeat the successes of 2020.
For the more significant part of the analysts, Rivian could be the next auction on the stock exchange once the price was paid.
The razors are varied. One of them is the overall process of developing the company’s entire ecosystem, which has been underway since 2009. Something that has allowed, for example, to prepare a factory for itself that was previously occupied by Mitsubishi.
There is also a strong backing of inverters with great potential to provide money and convert into Rivian customers—for example, Amazon, which will buy tens of thousands of electric vans in addition to capital. We also have investment funds like the giant BlackRock, Fidelity, T. Rowe Price, and traditional manufacturers like Ford. They have not wanted to give up an opportunity to position themselves within a startup with the great potential to compete in its most profitable segments.
Another factor that is animating the inverters is the excellent capacity for raising capital that is being achieved by Rivian. In the heat of the momentum of the whole sector of electric mobility, and since we still do not know the plans of the new Biden administration that is supposed to launch a huge incentive program, Rivian has been able to close one last round from where he captured 2.65 million of dollars, which has raised the current valuation of the company up to 27 million dollars.
Also, in favor of Rivian, which differentiates it from Tesla, have been betting since the beginning on vehicles like SUVs and electric pickups, which have never been more fashionable than ever, while Elon Musk bet on the sedan, going backward and selling around the world.
Unexpected expectations despite Rivian’s continued growth plans, marked by a more modest right than Tesla itself, to draw 20,000 units in 2021 and grow up to 40,000 in 2022.
Pre-pandemic figures are pending to be updated for a brand with a facility located in Normal, Illinois, with a maximum capacity of 250,000 units a year. Something that tells us that Rivian has a lot of edge by outlining.
And unlike Tesla, Rivian preferred to remain “private” as long as possible to launch on the stock market once it had developed the products and the factory on the move. Something that will happen this year in a value that, for many, could be one of the most promising of the year.