rivian

Irvine-based electric vehicle startup Rivian announced Friday it filed to go public through an initial public offering.

The company provided limited details, saying it has submitted a draft S-1 to the Securities and Exchange Commission, but the "size and price range for the proposed offering have yet to be determined."

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Los Angeles provides one of the best models for creating incentives to encourage people to buy electric cars — even if those various programs and qualifications can be confusing to navigate.

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A week before going public, the Los Angeles electric vehicle startup Canoo, valued at $2.4 billion, unveiled the company's second vehicle, a delivery van.

The modular vehicle is the latest entrant in the commercial delivery market, driven by a combination of growing ecommerce and tighter regulations on carbon emissions. Canoo, which has yet to produce a commercial vehicle, expects the vans to be available by 2022, but scaled production is slated for the following year.

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