Companies > Investment

Ford invests $500 million in electric pickup truck maker Rivian

One year ago   |   By Stl Today

Ford is investing $500 million in electric pickup truck maker Rivian, saying the two companies will work together to develop a new battery plug-in vehicle for Ford.
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Ford invests $500 million in electric truck maker Rivian

One year ago   |   By CNBC

Ford says it will build an all-new battery electric vehicle using Rivian's skateboard platform.
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Ford invests $500 million in Rivian, an electric truck startup in Michigan

Ford invests $500 million in Rivian, an electric truck startup in Michigan

One year ago   |   By Stl Today

DETROIT - Ford Motor Co., maker of the best-selling F-Series pickup trucks, announced early Wednesday that it's investing $500 million in Rivian, the Michigan-based electric truck startup company. This is viewed by analysts as a coup since General Motors had...
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Ford Motor to put $500 million into electric vehicle startup Rivian

One year ago   |   By Reuters

Ford Motor Co said on Wednesday it will invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in backing the potential rival to Silicon Valley's Tesla Inc.
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Ford invests $500 million in electric-vehicle company

Ford invests $500 million in electric-vehicle company

One year ago   |   By Biz Journals

Ford Motor Co. is investing $500 million in Rivian Automotive, a Michigan-based electric-vehicle company, and the two companies said on Wednesday they'll work together to develop "an all-new, next-generation battery electric vehicle."
Plymouth, Michigan-based Rivian already has two electric vehicles in the pipeline: a five-passenger R1T pickup and a seven-passenger R1S SUV. The company has said both will deliver an estimated 400-plus miles of range, beginning in late 2020.
Ford has two electric...
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Ford Motor puts $500 million into electric pickup producer Rivian

One year ago   |   By Reuters

Ford Motor said on Wednesday it was investing $500 million in U.S. electric pickup truck startup Rivian Automotive LLC, becoming the latest deep pocket investor in the firm, which is seen as a potential rival to Silicon Valley's Tesla Inc .
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Ford invests $500m in Rivian and intends to build a vehicle on Rivian's EV platform

Ford invests $500m in Rivian and intends to build a vehicle on Rivian's EV platform

One year ago   |   By Tech Crunch

Rivian today announced a major investment from Ford. The 115-year old automaker is investing $500 million into the Michigan-based EV startup. Along with the cash, Ford announced plans to build a vehicle on Rivian's electric vehicle platform.
“This strategic partnership marks another key milestone in our drive to accelerate the transition to sustainable mobility,” said RJ Scaringe, Rivian founder and CEO, said in a released statement. “Ford has a long-standing commitment to sustainability, with Bill Ford being one of the industry's earliest advocates, and we are excited to use our...
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Ford will invest $500 million in Tesla rival Rivian, joining Amazon and going head-to-head with GM

Ford will invest $500 million in Tesla rival Rivian, joining Amazon and going head-to-head with GM

One year ago   |   By Business Insider

Ford announced a $5000-million investment in the electric-pickup-truck manufacturer Rivian .
Rivian scored a $700-million investment, led by Amazon, earlier this year.
Ford might have beaten out crosstown rival General Motors in the rush to make deals with Tesla's newest rival.
On Wednesday, Ford announced a $500-million investment in the startup electric-vehicle maker Rivian.
In a statement, Ford and Rivian said they had "agreed to work together to develop an all-new, next-generation battery electric vehicle for Ford's growing EV portfolio using Rivian's... platform."
Neither company...
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Ford to Invest $500 Million in Rivian, a Tesla Rival

One year ago   |   By NY Times

Rivian is developing a pickup and an S.U.V. on a chassis that Ford plans to use for models of its own. Two months ago, Amazon led a $700 million investment.
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Tesla rival Rivian says Ford Motor invests $500 million in firm

One year ago   |   By Reuters

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc.
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