Ford invests $500 million in Rivian as Tesla-style EV maker gears up downstate

Electric truck startup Rivian, which is op.....»»

Electric truck startup Rivian, which is op.....»»

The automaker is joining a slew of tech companies developing their own fleets of electric cars......»»

U.S. electric pickup truck startup Rivian Automotive LLC said on Wednesday that Ford Motor Co invested $500 million in the company, which is seen as one of the major rivals to Tesla Inc......»»

As fully electric cars become the norm, battery-powered pickup trucks have yet to be seen on a wide scale. Tesla, Rivian a.....»»

As fully electric cars become the norm, battery-powered pickup trucks have yet to be seen on a wide scale. Tesla, Rivian a.....»»

  Good day, read more.....»»

Ford Motor Co. will invest $500 million in Riv.....»»

Ford Motor Co said on Wednesday it will invest $500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in backing the potential rival to Silicon Valley's Tesla Inc......»»

Ford announced Wednesday that it has invested $500 million in truck maker startup Rivian. Ford and Rivian will develop a new vehicle using Rivian's "skateboard" platform......»»

Rivian is a highly sought-after partner as the auto industry clamors to find ways to jump ahead of competitors in the pivot to.....»»

Ford Lightning Price Cut "Sends Shockwaves Through EV Market"  Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150 Lightni.....»»

General Motors Co. stock rallies toward its best in a month after the car maker reported record first-quarter results, kept its guidance intact, and sounded optimistic about its electric-car and autonomous-vehicle prospects......»»

Cathie Wood-led Ark Investment Management bought 49,755 shares, worth about $34.55 million, in Tesla Inc (NASDAQ: TSLA) on Wednesday as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter. read more.....»»

Rivian, the startup electric vehicle maker whose inaugural truck, SUV and Amazon delivery van have captured the auto world’s attention, is launching production in June and plans to employ 2,500 at its plant in downstate Normal by the end of the.....»»

Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its firs read more.....»»

Ennostar has invested less than NT$3.0 billion (US$106 million) to take an about 10% stake in LED chip and Si-based sensor maker Tyntek, according to industry sources......»»

Electric-vehicle maker Rivian Automotive is borrowing a page from Tesla Inc. and building an exclusive, fast-charger network for its coming R1T pickup and R1S SUV. Dubbed the Rivian Adventure Network, it promises an ambitious, 600 super-charging stations.....»»

Nio Limited’s (NYSE: NIO) sale of RMB 200 million (about $31 million) worth of factory equipment to rival Tesla Inc. (NASDAQ: TSLA) helped the Chinese electric vehicle maker to get through its toughest time in 2 read more.....»»

Disruption in the auto sector remains an investment theme for Baron, as evidenced by new investments the fund manager has made over the past year. CNBC TV A fund managed by billionaire investor Ron Baron trimm.....»»