ANALYSIS: A university student’s perspective on the EV startup – from IPO glory to industry struggles.
Rivian e-car recharging.
Sat, 19 Jul 2025
From being labelled as ‘the next Tesla’ to losing nearly 90% of its value, Rivian’s journey has been a cautionary tale of hype outpacing reality. Despite a record-breaking IPO and major backing from Amazon and Ford, the EV startup has struggled with cash burn, production delays, a narrow