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Ford Announces $500 Million Investment Into Rivian to Use EV Skateboard Platform

Ford Announces $500 Million Investment Into Rivian to Use EV Skateboard Platform

Ford and Rivian form strategic partnership to jointly develop future Blue Oval EV

General Motors was already in talks with Rivian, but it seems that agreement has fallen through and another American automotive giant, Ford, has secured a deal with the EV maker for use of its skateboard platform and the joint-development of a future Blue Oval EV. Ford will sink $500 million into Rivian as part of a much bigger investment in EVs, estimated at $11 billion that includes models like the all-electric Mustang-like crossover or the all-electric F-150 pickup.

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