Ready For Your EV F-150? Ford Announces $500 Million Investment In Rivian EV Pickup Maker

Rivian just became reality with this major investment from the U.S.' sales leader in trucks.

Following the major investment made by Amazon, Ford has announced a $500 million investment into Rivian.

Rivian, the maker of the R1T pickup truck and R1S SUV, is solely focused on electric adventure vehicles. For now, that's limited to the truck and SUV, but in the future, several more models are planned.

greGARYous1 - 4/24/2019 12:04:51 PM

+1 Boost

WOW!!!
This is great news for Ford n Rivian and a blow to GM who was trying for the same deal and got shot down!!!

Gives Ford lots of EV platform options: internal... Rivian skateboard.. VW EV platform. Combined best practices and battery tech puts Ford up front... WOW!!

Time to buy F stock at $9.50...!!!

MDarringer - 4/24/2019 6:17:10 PM

0 Boost

This is just Ford buying Rivian off to avoid bullshit lawsuits from Rivian when the F150e shows up.