A new Big Three? Rivian and Lucid’s valuations are accelerating past Ford, GM
November 16, 2021 at 17:33 PM EST
Rivian's market valuation is nearly double Ford's a week into the electric-vehicle startup's life as a public company, while rival Lucid Motors' market value nearly matches GM's on Tuesday, underscoring investors' appetite for EV makers and the hunt for the next Tesla Inc.