Ford pumps $500M into electric-car startup Rivian - carzinfo

Ford pumps $500M into electric-car startup Rivian

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R.J. Scaringe (left) and Bill Ford Jr.Ford Motor Company will invest $500 million into Rivian in exchange for use of the startup's electric-car underpinnings, the two companies said Wednesday. Just what Ford would build on Rivian's advanced truck-like electric-vehicle architecture is unclear. Ford has said that it plans to build an electric version of its F-150 pickup truck and an...

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