Ford Electric Truck Rivian

San francisco cnn business rivian the company making electric vehicles for amazon and ford just got a big influx of cash.

Ford electric truck rivian.

The michigan based carmaker has raised 1 3 billion in a new funding. Specifically ford will build its vehicle around rivian s flexible skateboard platform which includes the battery pack the electric drivetrain and the electrical architecture that will power. Will invest 500 million in electric truck developer rivian and will use the startup s skateboard platform to develop a new electric vehicle. Rivian recently announced that it s pushing back the release of its first two vehicles an all electric pickup truck and suv to early 2021 because of the pandemic.

We are seeing a trend lately of companies planning pickup trucks showing the capacity of. Rivian is an electric vehicle manufacturer on a mission to keep the world adventurous forever. Rivian and the 116 year old carmaker. Ford executives promise the electric f 150 will debut new technology be capable of receiving over the air updates and feature a huge trunk in the front that can carry hundreds of pounds of gear.

Ford motor company has announced a 500 million partnership with rivian to use the startup s proprietary battery architecture for its own vehicles. Overview the futuristic r1t is an all electric pickup truck from new american startup brand rivian and it promises more than 400 miles of driving range and acceleration times comparable with those. And amazon said cox automotive is investing 350 million and may partner with. Rivian an innovative truck startup planning to produce all electric pickups and suvs that s backed by ford motor co.