Ford sells majority stake in Rivian after reporting $7.3B write-down
Feb 9, 2023 · Ford’s stake in the electric vehicle maker, which has been dropping steadily since May 2022, is now at 1.15%, or 10.5 million shares. The sell comes a week after Ford reported …
The Ford and Rivian Partnership, Explained: What the Future Holds
Mar 26, 2021 · Plans for Rivian to build a high-end electric SUV for Ford's Lincoln brand were scrapped, but the CEOs of the two automakers say their relationship remains strong and they …
Rivian CEO Outlines Why Ford EV Partnership Fell Apart
Jul 22, 2024 · Rivian CEO R.J. Scaringe recently outlined why the company's EV partnership with Ford fell apart, just after forming a new joint venture with Volkswagen.
Rivian Announces $500 Million Investment from Ford; Partnership …
Apr 24, 2019 · Rivian today announced an equity investment of $500 million from Ford Motor Company. In addition to the investment, the companies have agreed to work together to …
Ford and Rivian go their separate ways - Electrek
Feb 10, 2023 · The once-promising strategic partnership between Ford and Rivian is “nearly complete” after a new SEC filing shows Ford trimmed its stake to just 10.5 million shares in 2022.
Ford to invest $500M in electric vehicle startup Rivian
Apr 24, 2019 · Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new vehicle based on Rivian underpinnings.
Rivian Outsells Ford In US Electric Van Market: 68% Growth
4 days ago · California-based EV startup Rivian Automotive sold more electric vans last year in the U.S. than Dearborn-based legacy automaker Ford Motor Co, according to recent data from …
Rivian announces $500 million investment from Ford - Rivian …
Rivian announced investment of $500M from Ford Motor Company. The companies have agreed to work together to develop a battery electric vehicle for Ford using Rivian’s skateboard platform.
Ford and Rivian Form Partnership via $500 Million Investment
Apr 24, 2019 · Rivian today announced an equity investment of $500 million from Ford Motor Company. In addition to the investment, the companies have agreed to work together to …
Ford sells shares in EV maker Rivian for $214 mln - Nasdaq
May 11, 2022 · Ford Motor Co sold eight million shares of electric-car maker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday. Adds …
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