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Ford Invests USD 500 Million in Startup: Rivian

Published On 26 Apr 2019 03:33 PM


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The Ford Motor Company (NYSE: F) has announced on Wednesday that it is going to invest USD 500 Million in EV startup Rivian Automotive LLC, and will build an electric vehicle using Rivian’s tech. Ford said that it intends to develop a new vehicle using Rivian’s skateboard platform, which includes the battery pack, the electric drivetrain, and the electrical architecture as a part of an addition to their already exist....


Tags : Ford Motor Company, Rivian Automotive LLC, electric vehicle, Rivian’s skateboard platform,
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