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Ford invests $500 million in electric pickup truck maker Rivian

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04/24/2019 11:31 AM
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Ford invests $500 million in electric pickup truck maker Rivian
Ford is investing $500 million in electric pickup truck maker Rivian, saying the two companies will work together to develop a new battery plug-in vehicle for Ford.

Ford is playing catch-up to a number of other automakers' efforts to develop electric vehicles. It does not currently sell any pure electric vehicles, although it sells some plug-in hybrid cars.

Ford to build electric vehicles in Michigan

Company executives said Ford will still move ahead with its own electric vehicle development efforts, including a plug-in version of the Ford F-150 pickup. They said the vehicle it will develop with Rivian will be an addition to its future lineup.

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Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."