Rivian CEO RJ Scaringe said that the reprioritization of capital toward internal combustion engines would thin the EV market ...

The Ford Motor Company only owns Lincoln as of this writing, but it has a history of owning multiple other brands, including ...

From a valuation standpoint, Ford looks attractive. Its stock trades at a modest multiple of 14 times earnings, and it offers ...

T he Rivian R1T hit the scene in 2021 as America’s first modern electric pickup truck—and a very impressive one at that. Now ...

Ford and Rivian announced a strategic partnership on Wednesday worth more than $500 million. Together, the two automakers have agreed to jointly develop a new, all-electric Ford vehicle built on ...

The upcoming Ford Ranchero EV promises to be one of the most affordable electric pickups on the market. But how does it stack up against the established, second-generation Rivian R1T - a truck that's ...

Ford invested a total of $1.2 billion in Rivian, but its position is worth over $12 billion following Rivian's recent IPO. Following its Nov. 10 IPO, Rivian's market cap was larger than Ford's.

So Wednesday afternoon Ford announced it had taken a $5.4 billion pre-tax charge related to its investment in Rivian, which had lost about half of its value during the course of the first quarter.

In simpler terms, the value of Ford’s stake in Rivian fell by more than half from $10.6 billion at the end of 2021 to just $5.1 billion as of the quarter ended March 31.

Rivian’s stock price fell more than 17% Monday, a drop prompted by a CNBC report that Ford was selling 8 million shares of the EV automaker. Ford held a 12% stake, or about 102 million shares ...

Ford Motor Co., maker of the best-selling F-Series pickup, announced early Wednesday that it is investing $500 million in Rivian, the Michigan-based electric truck startup company.

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.