Ford Motor Co. will become a minority partner in Rivian, which is based outside of Detroit and recently rolled out a new electric pickup truck and an SUV that will go on sale late next year.
Rivian CEO and founder RJ Scaringe said his company will benefit from Ford's manufacturing and lightweight vehicle expertise. The Dearborn, Michigan, automaker's top-selling Ford F-Series pickup truck has an aluminum body that shaved off as much as 700 pounds from the previous version of the truck. On a conference call with reporters and analysts, neither company would disclose what Ford vehicle would be built off the Rivian underpinnings, which the company calls its "skateboard platform." Hinrichs said the partnership will speed development and save money on the new Ford vehicle. Rivian would build the platform, which would be sent to Ford for final vehicle assembly, Hinrichs said.
Useless for pulling a camper.
$90,000 out of reach for most! Annnnd what about the climate factor? Is that 400 miles range, going to hold up in cold winter climate? There were issues with Tesla's range and performance in winter, being significantly less than advertised!!!
Yet we only have 12 years before it is too late and BC is supposed to be ICE free and sell EV'S by 2040? How will the price come down enough in that time to make it feasible to buy these vehicles? toolittletoolate? fearmongering
Clarification: Ford Motor Company not green investment denier Doug Ford. Ontario 'Closed for Green Business'