Ford Drops $500 Million Into Rivian In Bid To Electrify Its F-Series Trucks
April 24th, 2019 | by Kyle Field
It is time for the quintessential American vehicle to finally go electric, and no, I'm not talking about another Tesla. Ford has announced a $500 million equity investment into electric truck and SUV builder Rivian. Ford hopes to use the injection of cash to get a foot in the door for the development of a line of electric trucks and SUVs built on top of Rivian's electric vehicle skateboard platform
