Ford Drops Plans to Jointly Develop EV With Rivian Automotive - NewsBreak
By Shannon in Business
Updated 2 years ago
Ford Motor Company (F) canceled its plans to co-develop an electric vehicle (EV) with California-based EV maker Rivian Automotive Inc. (RIVN), according to Reuters. Noatbly, shares of Rivian with a current market capitalization of $110 billion are up 28% since...