Electric truck company Rivian just got a huge investment—take a look at its new pickup and SUV

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Energy Energy Headlines News

Energy Energy Latest News,Energy Energy Headlines

Electric truck company Rivian just got a huge investment—take a look at its new pickup and SUV via CNBCMakeIt

Buzzy electric car company Rivian announced a $500 million investment from Ford Wednesday, coming months after a $700 million funding round led by Amazon in February. The Michigan-based business, founded in 2009, has been called the"Tesla of trucks," and many experts believe Rivian will be competition to Tesla, as well as established truck manufacturers like General Motors.

They also have three battery capacity options: 105 kilowatt-hour , which can travel up to 240 miles on one charge; 135 kilowatt-hour that can travel up to 310 miles; and 180 kilowatt-hour that can travel up to 410 miles. They are also built with a"skateboard platform" according to the company, a skateboard-shaped unit that houses the battery pack, drive units, suspension, braking and thermal system all below the height of the wheel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt Those trucks look 👀 actually drivable like The 10 Worse Things about Prison video On The Deck: Endgame Albums LouisAndRichard LACvsGSW LestWeForget KateMiddleton KidsDeserveIt KUWTK KYGov KashiBoleNaMoNaMo Kato JusticeForLucca joe2020

MakeIt Ford is betting on the wrong horse....again!! TSLA is at super cheap values. That is a much better long term bet.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ENERGY

Energy Energy Latest News, Energy Energy Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ford invests $500 million in electric truck maker RivianFord says it has invested $500 million in electric truck maker Rivian to build a new battery-powered electric vehicle for the Detroit manufacturer. Meanwhile $F to drop on poor earnings. It’s about time we start pumping out real electric vehicles
Source: CNBC - 🏆 12. / 72 Read more »

Tesla rival Rivian says Ford Motor invests $500 million in firmU.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that ... Ford also says it RT : Tesla rival Rivian says Ford Motor invests $500 million in firm Not too many cooks in that kitchen...
Source: Reuters - 🏆 2. / 97 Read more »

Ford Motor to put $500 million into electric vehicle startup RivianFord Motor Co said on Wednesday it will invest $500 million in U.S. electric veh... Why is the stock not going up ? I bought some SpacedockHQ They stole your logo. tesla
Source: Reuters - 🏆 2. / 97 Read more »

Ford will invest $500 million in Tesla rival Rivian, joining Amazon and going head-to-head with GMFord and Rivian said that they would jointly develop a new electric vehicle using Rivian's platform. waterislife F.O.R.D. (Fix Or Repair Daily) FORD AND AMAZON? Holy moly, I smell success!!!!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Ford Jumps On Rivian's SkateboardFord Motor Co. and Rivian announce the automaker will invest $500 million in the electric vehicle startup as it seeks to leverage Rivian's skateboard electric architecture. Ford doesn't have 500 million do they And invest in UK when we tell EU to shove its models
Source: Forbes - 🏆 394. / 53 Read more »

What's a 'frunk'? Electric cars like Rivian, Tesla, Jaguar offer unique storage spacesRivian, Tesla, Jaguar and other electric cars often offer a new form of storage space called a 'frunk.' It's a trunk under the hood. Porsche was doing this forever. Since there is no engine, cars don't have to look like 'cars' anymore Hello? Corvairs for years....
Source: USATODAY - 🏆 100. / 63 Read more »

GM wanted too much from EV start-up Rivian, opening door for Ford's $500 million investmentFord's investment in electric truck maker Rivian was possible after the start-up's talks with GM broke down about eight weeks ago.
Source: CNBC - 🏆 12. / 72 Read more »

Ford invests $500 million in electric truck maker RivianFord says it has invested $500 million in electric truck maker Rivian to build a new battery-powered electric vehicle for the Detroit manufacturer. Meanwhile $F to drop on poor earnings. It’s about time we start pumping out real electric vehicles
Source: CNBC - 🏆 12. / 72 Read more »

Ford Motor to put $500 million into electric vehicle startup RivianFord Motor Co said on Wednesday it will invest $500 million in U.S. electric veh... Why is the stock not going up ? I bought some SpacedockHQ They stole your logo. tesla
Source: Reuters - 🏆 2. / 97 Read more »