Rivian is one of the most promising electric vehicle start-ups, with agreements to produce electric vehicles for Amazon and other high-value customers. And while Rivian isn't a publicly traded company just yet, it's certainly worth keeping an eye on, as Fool.com contributor Jason Hall discusses in this Fool Live video clip, recorded on April 28, with fellow contributor Matt Frankel, CFP, and Chief Growth Officer Anand Chokkavelu.

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Anand Chokkavelu: This one's really interesting. Unfortunately, it's private at this point, it's Rivian. Jason is going to tell us about it. Its market cap is $28 billion, but it's expected IPO later this year or in 2022 at $50 billion or more. I'm not sure on the sales, Jason might know if it's actually been I couldn't find a reliable figure.

Jason Hall: There's not really a reliable figure right now.

Chokkavelu: I found a figure. Not reliable.

Hall: Rivian is interesting and it's definitely one that I think is pretty topical. At least it was a couple of months ago when it came out that the expectation that the company was going to IPO. Back in February, I think everybody was expecting it was going to IPO super-duper soon and that seems less and less clear. The company hasn't been anything like open with what their plans are, but we did see a valuation round that was $27.5 billion, about $28 billion, so that's where we get that value there. But in the end, expectations, this is a company that's going to be able to potentially go public for $50 billion. Rivian, their truck is like one of the big products that they are talking about. It seems like there's a lot of interest in trucks, so Rivian is one. I think Lucid is working on a truck there, but you think about pickup sales, especially in North America, two of the best-selling vehicles are the Ford F-Series and the GMC Sierra Chevy Silverado. That's something that's really become heavily tied to Rivian right now. I don't really know what else to say about the company, guys. It's another one that's interesting that's got a lot of things that seem to be compelling, but it's still so early in its story.

Chokkavelu: The most compelling thing for me is just that it's the Amazon one.

Hall: Amazon, who else has invested in it?

Chokkavelu: Ford.

Hall: Ford has a big stake.

Chokkavelu: It's customer investors, right?

Hall: Right.

Chokkavelu: Little investors.

Hall: It's not just the big investment. I think Rivian's vans. I think that Amazon is looking to deploy, nobody is saying exactly, but the expectation is they're going to deploy a couple of thousand Rivian vans for delivery.

Frankel: 100,000 by 2030.

Hall: OK, 100,000. A couple of thousand.

Frankel: 10,000 in 2022, 100,000 by 2030.

Hall: Big number.

Frankel: Yeah.

Chokkavelu: A million by the year 3,000.

Hall: A billion. Everybody gets a delivery truck.