Ford and Rivian cancel plans to jointly develop an electric vehicle

Ford and Rivian cancel plans to jointly develop an electric vehicle

RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Monthly bill Ford announce a $500 million Ford expenditure in Rivian. Supply: Ford Motor Co. DETROIT – Ford Motor and Rivian no lengthier plan to co-acquire an electric powered auto, the companies verified Friday. The two firms initially introduced enhancement of a joint automobile when