Rivian Automotive chooses an underwriter for an IPO that could be worth $70 billion

With most of the world pushing consumers to go to electric vehicles rather than traditional combustion-powered engines, electric automakers are coming out the would work. While almost every traditional automaker is getting into the electric vehicle game in some form, there are several new companies that are electric from the get-go, such as Tesla and Rivian.

Rivian has been talking up and showing off prototypes of its very interesting electric vehicles.

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