Ford and Rivian have deserted a plan they needed to collectively develop an EV collectively. In an interview with , Ford CEO Jim Farley mentioned the automaker will go it alone because it goals to per 12 months by the top of 2023.
When the corporate in Rivian in 2019, the 2 mentioned they might work collectively to supply a Ford-branded EV that includes the startup’s “skateboard” powertrain. In early 2020, the 2, citing the pandemic, . At the time, they mentioned they nonetheless deliberate to go ahead with an “alternative vehicle” based mostly on Rivian’s know-how. Now, that challenge will not go ahead both.
“Right now, we have growing confidence in our ability to win in the electric space,” Farley advised Automotive News. “When you compare today with when we originally made that investment, so much has changed: about our ability, about the brand’s direction in both cases, and now it’s more certain to us what we have to do.”
According to Farley, a part of the explanation Ford and Rivian determined to not transfer ahead with the challenge is the complexities of marrying their {hardware} and software program collectively. The firms say the choice has not affected their relationship.
“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 advised Engadget. “Our relationship with Ford is an important part of our journey, and Ford remains an investor and ally on our shared path to an electrified future.”
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