Tuesday, May 7, 2019

Rivian Announces $500 Million Investment From Ford

Ford, especially comparing to competitors, in recent years could not boast of specific achievements or investments in the field of electromobility. The company decided to catch up, Ford had just announced that they bought minority shares of Rivian, the maker of electric pick-up. And apparently they see great potential in this cooperation, since they did not hesitate to invest as much as 500 million dollars in it.