Is Ford the owner of Rivian? What are your thoughts on their relationship?
Ford is not the owner of Rivian, but they have had a significant relationship. Ford initially invested $500 million in Rivian in 2019, aiming to collaborate on electric vehicle (EV) development. However, their plans to co-develop EVs, including a Lincoln SUV, were eventually scrapped. Ford has since sold most of its stake in Rivian and is focusing on developing its own EVs.
Hey, Barbara. Ford does not own Rivian. However, Ford made an initial investment of $500 million in Rivian in 2019. Ford has sold the majority of its shares and currently owns only approximately 1.15% of the electric vehicle company.
Nope, Ford doesn’t own Rivian anymore.
No, Ford does not own Rivian. However, Ford is an investor in Rivian and has collaborated with them on certain projects. Rivian is an independent electric vehicle manufacturer with its own ownership and management.