Ford Is Making Its Own Electric Truck, So Why Is It Investing In Rivian?

Ford Motor Company is investing $500 million dollars into Rivian, a Michigan-based electric vehicle (EV) startup and will use the company’s unique battery architecture to develop a yet unnamed vehicle. For Ford, it’s an additional investment into electrification on top of the $11-billion dollars its spending to build a comprehensive EV product portfolio. The announcement […]