#1 most loved electric vehicle, solar, & battery news & analysis site in the world. Support our work today!


Clean Transport Rivian R1S

Published on May 3rd, 2020 | by Johnna Crider

0

Ford Cancels EV Plans With Rivian

May 3rd, 2020 by  


Ford has canceled its electric vehicle (EV) plans with Rivian with regards to a fully electric Lincoln SUV. Last year, Ford invested $500 million in Rivian. As a part of that investment, they planned to develop an EV that used Rivian’s battery pack and electric motor setup. The vehicle would be in the Lincoln lineup, and thus considered a luxury EV. Ford also participated in a $1.3 billion fundraising round for Rivian.

Rivian R1S

Image courtesy of Rivian

Lincoln still plans to work closely with Rivian to create an “alternative vehicle” that will be based on Rivian’s electric vehicle skateboard platform. How this is very different from the initial plans is a tad unclear. Lincoln also declined to say exactly how the COVID-19 pandemic affected them to the point of cancellation.

This was a decision that was mutually made by Lincoln and Rivian given the rapidly changing environment and after a review of product plans. “As we moved through the development cycle, we determined that it would be better to pivot from the Rivian’s skateboard platform and focus our development efforts on Lincoln’s own fully electric vehicle.”

Also, Alexandra Ford English, daughter of Ford Chairman Bill Ford, will be joining Rivian’s board. “With Alexandra’s experience in mobility and self-driving services, she will bring a unique perspective to Rivian’s board,” Ford Chief Executive, Jim Hackett, said in a statement from the company.

COVID-19 has forced many people and businesses alike to change the way they do things. Ford closed most of its North American production plants indefinitely, citing the COVID-19 crisis.

Hopefully, this friendship between Rivian and Ford will grow stronger despite the challenges. We need more EVs on the road. 
 


 


Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon.

Sign up for our free daily newsletter or weekly newsletter to never miss a story.

Have a tip for CleanTechnica? Send us an email: tips@cleantechnica.com


Tags: , , , ,


About the Author

is a Baton Rouge artist, gem, and mineral collector, member of the International Gem Society, and a Tesla shareholder who believes in Elon Musk and Tesla. Elon Musk advised her in 2018 to “Believe in Good.” Tesla is one of many good things to believe in. You can find Johnna on Twitter



Back to Top ↑