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This time, Ford Motor Co. made the cut. The Dearborn automaker earned a shout-out from Time magazine for being among the Top 100 Most Influential Companies of 2022 "making an extraordinary impact ...
Ford Motor Company announced it is investing $500 million in Rivian Automotive, an electric-vehicle startup that captured wide attention last November by unveiling a battery -powered pickup truck ...
Ford Motor Company will invest $500 million in Plymouth, Michigan-based Rivian in exchange for access to the electric-vehicle maker's "skateboard" EV architecture. It will serve under an all-new ...
Ford Motor Co. will invest $500 million in electric truckmaker Rivian and build an emissions-free vehicle with the company's proprietary platform, the firms said on Wednesday. Auto manufacturers ...
Rivian CEO RJ Scaringe owns less of the company he founded after transferring stock and options to his ex-wife.
Ford Motor Co has cut its stake in Rivian Automotive Inc to 1.15%, as part of a plan to scale down its holdings in the electric-vehicle maker.
Ford Motor Co., maker of the best-selling F-Series pickup, announced early Wednesday that it is investing $500 million in Rivian, the Michigan-based electric truck startup company.
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.
Ford total fourth-quarter sales, including retail sales, rose 9%, whereas 2024 sales rose 4%, the company said. Meanwhile, Baird analyst Ben Kallo cheered the Rivian news on the component issue.
Ford Motor Co sold eight million shares of electric-car maker Rivian Automotive Inc for $214 million, or $26.80 apiece, the U.S. automaker said in a filing on Tuesday.
Ford Motor Co , which has repeatedly touted its strategic relationship with electric vehicle maker Rivian, no longer has a representative on the startup's board of directors ahead of its going public.
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