Rivian soars above $98 billion value in Wall Street debut, zipping past Ford and GM

Electric vehicles have a higher price point than their gas-powered rivals. Rivian’s R1T pickup truck

Electric vehicles have a higher price point than their gas-powered rivals. Rivian’s R1T pickup truck starts at $67,500, putting it roughly in line with previously advertised prices for Tesla’s long-range Cybertruck. By comparison, Ford’s electric F-150, slated for public release in spring 2022, starts at $39,974.

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