Charging up: Rivian's IPO

蓄电：Rivian上市

When Rivian, an electric-truck manufacturer, lists in New York on Wednesday, it will seek a valuation of around $67bn, not far below the market capitalisation of Ford (an investor) and above Honda’s. That would be an impressive feat for an unprofitable 12-year-old startup that made its first deliveries in September and lost nearly $1bn in the first half of the year.

周三，电动汽车制造商Rivian在纽约上市，将寻求大约670亿美元的估值。其估值略低于福特（投资方）的市值，比本田的市值高。这家12岁的初创公司，9月才交付第一批产品，并且前半年就损失了将近10亿美元。上市对这家尚未盈利的公司而言，简直是振奋人心的壮举。

But investors are hungry for firms that can challenge old carmakers in the electrification race—as Tesla’s stockmarket value, now over $1trn, attests.

如今，特斯拉股票市值实际已经超过1万亿美元，所以投资方急切寻找能够撼动旧有电动汽车市场的新秀公司。

Beset by manufacturing delays, Rivian says it will dispatch around 1,000 pick-up trucks by the end of the year.

受到生产延期的困扰，Rivian声称将在年底前交付大约1000辆皮卡。

Competition looms from Ford itself, which will soon start producing an electric version of the F-150 pick-up truck, America’s best-selling vehicle, and from GM and Tesla.

来自福特自身的竞争也迫在眉睫，福特很快会开始生产美国最畅销汽车F-150皮卡的电动版。通用汽车和特斯拉也不甘落后。

（图源：汽车经）

Meanwhile, Rivian is working on electric delivery vans:

同时，Rivian还致力于电动面包车的交付。

Amazon, another investor, has ordered 100,000.

另一个投资方亚马逊已经订购了10万辆电动面包车。

All that ought to keep the firm’s batteries charged.