Jump to content
Create New...

Ford Invests $500M in Rivian to Gain Platform Access


Drew Dowdell

Recommended Posts

Ford announced today that it would be investing $500 million in Electric Vehicle startup Rivian.  The move will gain Ford access to Rivian's flexible skateboard platform.  Ford will co-develop the vehicle with Rivian and will join the already planned Ford F-150 EV and a Mustang inspired crossover EV.  Ford will provide Rivian with industrial expertise and resources.

Rivian will remain an independent company and the investment is subject to regulatory approvals.

Rivian has shown concept versions of the Rivian R1T, an electric pickup and Rivian R1S SUV at the Los Angeles Auto Show. It plans to put these vehicle into production at its plant in Normal Illinois.

Ford's investment comes just two months after Rivian landed $700m in investment commitments from Amazon and others.  The talks between Rivian and General Motors have apparently collapsed. 


View full article

Link to comment
Share on other sites

This is awesome, but also troubling as I really would love to know why GM cannot seem to come to agreements where Ford could.

If Ford ends up using the Rivian skateboard for a full size SUV / Pickup, who knows, I could be back in a Ford in the near Future.

Excited by this!!! :metal:

Link to comment
Share on other sites

8 minutes ago, Drew Dowdell said:

GM is further along with their own platform. Maybe they didn't see the value in adding another platform from another company.

I get that they have BEV and maybe some other full size version of BEV, but they have not shown anything yet and my gut tells me Rivian was much farther along in their skateboard than GM so I am thinking they could be value still to learn.

End result as long as GM gets a full size truck and SUV EV out is what I care about and that it is competitive.

Exciting times for the auto industry.

Link to comment
Share on other sites

55 minutes ago, ccap41 said:

GM steps out and Ford steps in. What a conundrum for Dfelt. 

Nope, non exists as long as someone else delivers full size trucks and SUVs to meet the needs of Shreks like me.

My money is the same green as anyone else. Just build what I want and like! :P 

Link to comment
Share on other sites

So Ford is investing in Rivian.  Good.  Maybe Ford can finally tame the silliness that is the F-Series Super Duty with that HUGE Diesel engine and replace it with a superior platform.  I am sick and tired of some truck owners insisting on all this "rolling coal" crap on any of our roads.

Link to comment
Share on other sites

50 minutes ago, riviera74 said:

So Ford is investing in Rivian.  Good.  Maybe Ford can finally tame the silliness that is the F-Series Super Duty with that HUGE Diesel engine and replace it with a superior platform.  I am sick and tired of some truck owners insisting on all this "rolling coal" crap on any of our roads.

Agreed, considering that Tesla has shown not only their Semi Concept, but a real Tesla X pulling a Boeing plane that is 265,000 pounds of weight, Electric as a HD model would do wonders for Construction sites in the inner city where quiet is appreciated early in the morning when they start work.

Link to comment
Share on other sites

12 hours ago, dfelt said:

Agreed, considering that Tesla has shown not only their Semi Concept, but a real Tesla X pulling a Boeing plane that is 265,000 pounds of weight, Electric as a HD model would do wonders for Construction sites in the inner city where quiet is appreciated early in the morning when they start work.

 

Link to comment
Share on other sites

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.



×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

Write what you are looking for and press enter or click the search icon to begin your search