Ford Drops Plans to Jointly Develop EV With Rivian Automotive - NewsBreak

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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...

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