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

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

Breakups happen for the right reasons, too, you know. Although it's too early to know for sure, it seems that's the case with Ford and Rivian, who have ...

Ford is doing much better in the EV game than it was when the company first invested in Rivian in 2019. What’s more, F stock is up about 128% year-to-date (YTD), now trading for around $20.

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

Ford (NYSE: F) has been making vehicles for more than a century now. Rivian Automotive (NASDAQ: RIVN) produced its first vehicle only in late 2021. Yet Rivian stock has gained massive popularity ...

Image source: Ford. After its shares jumped on the news, Rivian's market capitalization (market cap) surged to almost $110 billion, well ahead of Ford's $78.2 billion market cap.

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.

Ford is well developed and produced 966,000 wholesale units in the first quarter of 2022, whereas Rivian produced a mere 2,553. Diving into Ford's electric portfolio shows that the company sold ...

“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,” a spokesperson for Rivian told Engadget.

“As Ford has scaled its own E.V. strategy and demand for Rivian vehicles has grown, we’ve mutually decided to focus on our own projects and deliveries,” Rivian said in a statement.

Ford made its initial investment in Rivian seven months before it revealed the Mustang Mach-E, and just over two years before it revealed the F-150 Lightning. But it has found remarkable early ...