Wednesday, April 24, 2019

Ford to Invest $500 Million in Rivian, a Tesla Rival

Source: https://www.nytimes.com/2019/04/24/business/ford-rivian-investment.html?partner=rss&emc=rss
April 24, 2019 at 03:00PM

Rivian is developing a pickup and an S.U.V. on a chassis that Ford plans to use for models of its own. Two months ago, Amazon led a $700 million investment.

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