Ford Motor Company will invest $500 million into Rivian in exchange for use of the startup's electric-car underpinnings, the two companies said Wednesday. Just what Ford would build on Rivian's advanced truck-like electric-vehicle architecture is unclear. Ford has said that it plans to build an electric version of its F-150 pickup truck and an... Ford pumps $500M into electric-car startup Rivian
April 24, 2019 at 08:34 AM EDT
Ford Motor Company will invest $500 million into Rivian in exchange for use of the startup's electric-car underpinnings, the two companies said Wednesday. Just what Ford would build on Rivian's advanced truck-like electric-vehicle architecture is unclear. Ford has said that it plans to build an electric version of its F-150 pickup truck and an...
Ford Motor Company will invest $500 million into Rivian in exchange for use of the startup's electric-car underpinnings, the two companies said Wednesday. Just what Ford would build on Rivian's advanced truck-like electric-vehicle architecture is unclear. Ford has said that it plans to build an electric version of its F-150 pickup truck and an... 