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April 24, 2019 01:09 pm GMT

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

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 […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/KY5ADNlyfko/

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