
Markets
UBS Upgrade Sends Rivian Shares Up 10 Percent
Rivian climbed 10 percent after UBS upgraded the EV maker to buy, arguing the sell-off overdone ahead of a sales inflection for the R2 midsize SUV.
Abiodun Abdullahi0 min read
2 results for “electric vehicles”

Rivian climbed 10 percent after UBS upgraded the EV maker to buy, arguing the sell-off overdone ahead of a sales inflection for the R2 midsize SUV.
Nigerian electric mobility company MAX has extended its Series B3 round to $29 million after an investment from US climate fintech Nithio, funding expansion of electric vehicle financing and battery swapping across West and Central Africa.