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Ford Motor Co to invest $500 million into electric SUV & Pick Up Truck startup Rivian

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 develop an all-new, next-generation battery electric vehicle for Ford’s growing EV portfolio using Rivian’s skateboard platform. Ford joins Amazon who announced in February that it would invest $700 million…

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Rivian launches world’s first Electric Adventure Vehicles™ with the debut of their R1T pickup

Rivian, a US based electric vehicle manufacturer, has released information about the first of its two Electric Adventure Vehicles™ the R1T™, an all-electric, 5-passenger pickup. The highly anticipated truck features a range of up to 400+ miles, a wading depth of 1 meter, and the performance and precise control of quad-motor AWD and has been…

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