Ford, Rivian to deliver all-new battery electric vehicle

Rivian introduces all-electric pickup and SUV at LA Auto Show in Los Angeles

Just a few months after the automaker's formal debut, Amazon led a $700 million investment round in the company, and it won't be the only one.

Ford intends to develop a new vehicle using Rivian's flexible skateboard platform. "They were inventing", he said on a conference call.

Ford also has been in talks with Volkswagen AG about tapping the world's largest automaker for its electric-car platform, dubbed MEB.

North Korea slams Bolton for 'stupid' remarks - KCNA
Kim, like his father, avoids air travel and is likely to travel by train to Vladivostok, about 675 kilometers south of Pyongyang. Given the journey time, Kim could depart for the Russian city later Tuesday.

"At the same time, we believe Rivian can benefit from Ford's industrial expertise and resources", Hackett noted. Before that, Rivian had raised $450 million from other private investors and companies, including Abdul Latif Jameel, an investment firm that is also the Toyota distributor for Saudi Arabia, and the US arm of Japan's Sumitumo Corporation, a conglomerate of businesses involving metals, aircraft leasing, and railroads. Following Ford's investment, Joe Hinrichs, Ford's president of Automotive, will join Rivian's seven-member board.

"This strategic partnership marks another key milestone in our drive to accelerate the transition to sustainable mobility", said RJ Scaringe, Rivian founder and CEO. Rivian has developed a range of electric cars created to focus on the great outdoors - a Tesla for the outward bound, if you will. Hackett said executives in charge of Argo AI, an autonomous vehicle company partly owned by Ford, know Scaringe well. "We can learn a lot from Rivian".

Rivian and Ford will partner on a Ford-branded electric vehicle. It's also planning a battery-powered F-150 pickup. In mid-day trade, Ford shares were flat at $9.50, while those of Tesla were down a fraction at $263.07.

Capitals furious over 'dirty' play by Warren Foegele on TJ Oshie
While he might not have wanted to think about it, however, it was clear he was ready for the call. He tried to his best to play on one good leg but did not return after the first period.

Rivian already has developed two clean-sheet vehicles with adventurers at the core of every design and engineering decision. They are considered a calling card for the world's vehicle makers - and Scaringe told auto magazine that he was touting it around as a "white label" solution to automotive and even lifestyle companies.

Rivian would build the platform, which would be sent to Ford for final vehicle assembly, Hinrichs said.

"The Amazon investment in the Rivian mix may well give Ford an in with the delivery services, possibly with electric cargo vans".

John Singleton, ‘Boyz n the Hood’ director and writer, hospitalized after stroke
Other details on his condition haven't been revealed by those closest to him. The outlet added that doctors have categorized Singleton's stroke as "mild".

Related News:

  • Pakistan PM hints at further cabinet changes after…

    Pakistan PM hints at further cabinet changes after…

    Pakistani PM Khan pledged that his government would not allow Pakistani soil to be used by armed groups against any country. As Prime Minister Imran Khan arrived at the Saadabad Palace, an official welcome ceremony was held in his honour.
    Trump lawyer attacks Mueller report, sees nothing wrong in taking Russian info

    Trump lawyer attacks Mueller report, sees nothing wrong in taking Russian info

    He told CBS' "Face the Nation" that Congress needed to look at Trump's finances and gauge Mueller's intentions with his report. Nadler has issued a subpoena to the Justice Department for the full report and requested Mueller's testimony.

    Chosen 25 forward Matthew Hurt commits to Duke

    Barrett and Cam Reddish all declaring for the National Basketball Association draft, Duke needs to reload its wing lineup. Barrett, Cameron Reddish and Zion Williamson will be a tall task for Mike Krzyzewski and Duke.
  • Prepare: Game Seven will start at 7:30 PM on Wednesday

    Prepare: Game Seven will start at 7:30 PM on Wednesday

    Oshie suffered a brutal injury in a playoff game against the Hurricanes when he was shoved into the boards from behind. The Stars and Blues were the only two playoff teams to win two games in a series when trailing after the first period.
    Theresa May returns to face Brexit crisis as leadership pressure grows

    Theresa May returns to face Brexit crisis as leadership pressure grows

    There have been reports that some Conservatives are considering whether to change those rules to allow another vote to be held sooner.
    Trump Blasts

    Trump Blasts "Crazy Mueller Report" and "People That Take So-Called ‘Notes'"

    I grew up thinking the McCarthy era was one of the darkest and most unsafe epochs in American history. Many , including White House reporters, are calling for Sanders to either resign or be fired.
  • Ole Gunnar Solskjaer I am the right man for Manchester United

    Ole Gunnar Solskjaer I am the right man for Manchester United

    Liverpool FC, meanwhile, will return to Premier League action on Friday night when they take on Huddersfield Town at Anfield. What are we to make of Wednesday's Manchester derby, then? There could be some nerves for City as United will park the bus.
    Game of Thrones reveals big battle trailer for season 8, episode 3

    Game of Thrones reveals big battle trailer for season 8, episode 3

    HBO has released not one, but two different featurettes dedicated to the most recent episode of Game of Thrones final season . And then when Jaime and Brienne reunite, he tells her he'd be honoured if he could serve under her when the fighting starts.
    OnePlus 7 Pro leak tips at triple cameras with 48MP primary sensor

    OnePlus 7 Pro leak tips at triple cameras with 48MP primary sensor

    The phones, as is the case every year with OnePlus smartphones, will come with the flagship Qualcomm Snapdragon 855 SoC. OnePlus CEO Pete Lau late last week confirmed on Twitter that he would make the launch event announcement on Tuesday.
  • New photos of Prince Louis released ahead of his 1st birthday

    New photos of Prince Louis released ahead of his 1st birthday

    A picture of the Queen as a baby, taken in 1926, shows that Louis has the same round face as his paternal grandmother. LONDON -The youngest child of Britain's Prince William and his wife, Kate , is about to celebrate his first birthday.
    Democrats file subpoena for full Mueller report

    Democrats file subpoena for full Mueller report

    Sanders did not respond to CNN's request for comment, but later on Thursday defended herself in an interview on Fox News . Sanders maintains she made a "slip of the tongue" while extemporaneously taking questions in May 2017.
    Jarrell Miller fails second drug test, fight with Anthony Joshua off

    Jarrell Miller fails second drug test, fight with Anthony Joshua off

    Jarrell "Big Baby" Miller has failed his third drug test, this time, testing positive for GW1516 as well as Erythropoietin (EPO). Jarrell Miller was denied a licence to fight Anthony Joshua after an "adverse finding" from a sample taken on 20 March.


Most liked

Thunder Season Ends on Heartbreaking Buzzer Beater
The Thunder owns a 120-116 advantage in the all-time regular season series and swept the four games between the teams this season. CJ McCollum hasn't only been the second-best player for the Blazers: he's been the second-best player in the entire series.

'Game of Thrones': When Dod Theon & Sansa First Fall in Love?
Most importantly, if Bran dies in Episode 3, it puts everything into a spin, namely what happens to the Three-Eyed Raven. The theory seems to come from Reddit user IgnorantSportsFan , who picked up on something in the trailer for next week.

Brothers Accused of Assaulting Jussie Smollett File Lawsuit, Say He 'Directed' Attack
Actor Jussie Smollett leaves court after charges against him were dropped by state prosecutors in Chicago , Illinois, U.S. Glandian's statements indicating Plaintiffs actually criminally battered Mr.

When will Donald Trump visit? Protestors OUTRAGE over Queen invite
There they will meet with Queen Elizabeth and Prime Minister Theresa May and commemorate the anniversary of D-Day. No mention yet as to whether he'll be visiting the new US Embassy in the 'off' location of Nine Elms.

Here's how Elizabeth Warren's student loan debt forgiveness plan would work
It would also prohibit public colleges from considering citizenship status or criminal history in admission decisions. Kamala Harris and South Bend, Indiana Mayor Pete Buttigieg . "$1.5 trillion in loans", Brenberg said.

Chiefs Agree To Acquire Frank Clark From Seahawks
Clark is now the highest paid member of a Chiefs defense that has been dramatically overhauled over the last two months. ESPN's Adam Schefter reported the deal as well, and said the swap of picks would be for third rounders.

Tesla eyes 'robotaxis' by 2020 with new self-driving technology
Musk said that on Bloomberg TV back in 2014, meaning the self-driving Tesla takeover is actually arriving right on schedule. Mr Musk predicted the technology for fully self-driving Teslas will roll out at some point from April to June next year.

Over 30,000 displaced in Libya after Haftar offensive
The US and Russian Federation declined on Thursday to support a UN Security Council resolution calling for a ceasefire in Libya. Haftar's efforts to combat terrorism and secure Libya's oil and they discussed Libya's future, the BBC reported on Friday.

Christians in Rapid City celebrate Easter Sunday
Whether we believe in the Easter story or not, it has an enduring message of hope after seeming disaster. He also called on them to surrender their lives fully to Christ and avoid excessive celebration.

Thunder Heat Up, Get Win at Home in Game 3 vs. Blazers
It caught the attention of Lillard, who said something in return to Westbrook, who then started talking back. Damian Lillard scored 32 points, but he had just three in the fourth quarter after scoring 25 in the third.

Mets ace Jacob deGrom sent back to NY for elbow MRI
Most alarming was that he served up five total homers in the two setbacks. He still will meet with team medical director Dr.

Mueller Report: Sanders Admitted To Lying To Media
She is actively telling a lie. "I said the "slip of the tongue" was in using the word 'countless, '" Sanders replied. She explained to investigators that it was a "slip of the tongue".

Zookeeper attacked by tiger, transported to hospital in Kansas
A zookeeper is recovering in the hospital after she was attacked Saturday morning by a tiger at the Topeka, Kansas zoo. His mating with the zoo's female tiger resulted in four cubs born in October.

Mexico warns of 'deep concern' over armed groups on USA border
Michelle Lujan Grisham said state and local authorities are looking into the matter. The militia members say they will patrol the border near Mt.

Ronaldo makes shocking transfer demand from Juventus
Juve face Fiorentina on Saturday knowing that anything but a defeat would guarantee an eighth Serie A title in a row. Massimiliano Allegri's side have lost only two matches, against Genoa and SPAL, with 28 wins and three draws.