Is Rivian Ford's Secret Weapon In The Electric Pickup Revolution? |
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[EDIT: in this video, Nikki incorrectly identified the towing capacity of the R1T as 1,100 pounds, not 11,000. This was one of those rare occasions where here number brain was misbehaving and nobody noticed . We’re sorry. [/EDIT]
For several months now, we've heard multiple rumors suggesting luxury electric 'adventure' vehicle manufacturer Rivian was in talks with major automakers with a view to gaining some significant investment. These rumors came off the back of confirmation earlier this year that Amazon was investing $700 million in the company. Last week we learned GM was unlikely to invest in Rivian at this time, but earlier this week Rivian confirmed Ford was making a $500 million investment as well as collaborating with the company on a new Ford-badged electric vehicle. Given Ford's lacklustre attitude toward battery electric vehicles in the past, could this acquisition be Ford's secret weapon in an attempt to lead the electric pickup market? Buy the team a coffee -- or a meal! https://ko-fi.com/transportevolved Follow the show on Mastodon: https://mastodon.transportevolved.com/ Buy Transport Evolved SWAG : https://teespring.com/stores/transport-evolved Join our Discord Channel: https://discord.gg/9WAjfQn Support us on Patreon: https://www.patreon.com/transportevolved -~-~~-~~~-~~-~- Please watch: "2023 Kia Niro EV: Why You'll Want To Drive This" https://www.youtube.com/watch?v=RNHN810lDBI -~-~~-~~~-~~-~- |