Ford to Invest $500 Million in Rivian, a Tesla Rival

Pluralism / Apr 24, 2019 - Source: nytimes

Ford Motor has agreed to invest $500 million in Rivian, an electric-car start-up that is widely seen as a potential rival to Tesla, Ford announced on Wednesday. Rivian, based in Plymouth, Mich., plans to begin producing a pickup truck and a sport utility vehicle ...

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