Ford Motor Company will invest $500 million in Plymouth, Michigan–based Rivian in exchange for access to the electric-vehicle maker’s “skateboard” EV architecture. It will serve under an all-new Ford model. The global automaker has previously announced an electric F-150, although with no timeline, and it’s possible that Rivian’s architecture will be used to execute the...
The post
Ford Invests $500 Million in Rivian, Opens New Path to F-150 EV appeared first on
Automobile Magazine.
More...
Ford Invests $500 Million in Rivian, Opens New Path to F-150 EV
