Ford and Rivian Nix Plans to Make an Electric Vehicle Together - NewsBreak

Ford, one of Rivian's biggest investors, no longer has plans to develop an electric vehicle using the high-flying EV company's tech, Rivian said on Friday. . "As Ford has scaled its own EV strategy and demand for Rivian vehicles has grown, we've mutually decided to focus on our own projects and deliveries," the company said in a statement.