Rivian Automotive (RIVN) Appoints Kjell Gruner as Chief Commercial Officer and President, Business Growth

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Renault CEO says Ampere IPO value could reach $10 Billion

September 5, 2023 10:26 AM EDT

According to CEO Luca de Meol, Renault's Ampere electric vehicle division, set to go public through an initial public offering (IPO), might attain a valuation of around 10 billion euros ($10.8 billion).

During an interview with the Financial Times at the Munich IAA car show on Monday, De Meo suggested that Ampere's market worth could range... More

Rivian (RIVN) names former Porsche exec as new CCO

September 1, 2023 3:23 PM EDT

Rivian Automotive, Inc. (NASDAQ: RIVN) revealed Friday that the electric automaker has named former Porsche CEO, Dr. Kjell Gruner as its newest Chief Commercial Officer (CCO) and President of Business Growth effective immediately. Gruner will report directly to Rivian Founder and CEO RJ Scaringe, and will oversee commercial functions at the company, including Sales, Marketing, Customer... More