Ford will build an electric vehicle using EV startup Rivian’s tech

The Ford Motor Company has announced a $500 million investment in EV startup Rivian, and it will build an electric vehicle using Rivian’s tech, the companies announced on Wednesday. The new vehicle won’t affect the two EVs Ford has been developing, an electric F-150 and Mustang-inspired crossover, Ford CEO Jim Hackett said on a call with investors and reporters.
Specifically, Ford will build its vehicle around Rivian’s “flexible skateboard platform,” which includes