Ford invests $500M in Rivian to tackle Tesla, future electric vehicles
By feedback@highgearmedia.com (Eric C. Evarts) Electric vehicle company Rivian announced on Wednesday that Ford has invested $500 million in it, in return for Rivian’s help developing a new electric Ford model. Rivian recently took $700 million in investment from Amazon and others. Rivian reportedly held talks with General Motors earlier in the year. Rivian CEO …read more