Ford invests $500M in Rivian; partnership to deliver all-new Ford EV

Ford invests $500M in Rivian; partnership to deliver all-new Ford EV

Electric car startup Rivian announced an equity investment of $500 million from Ford Motor Company. In addition to the investment, the companies have agreed to work together to develop an all-new, next-generation battery electric vehicle for Ford’s growing EV portfolio using Rivian’s skateboard platform. “This strategic partnership marks another key milestone in our drive to […]

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