Rivian and Ford in partnership?
Ford is investing $500 million in Rivian, an electric-vehicle startup. Rivian unveiled the first two battery-powered EVs it plans to start producing by the end of 2020: the R1T, an electric pickup truck, and the R1S, an electric SUV. Both cars are expected to cost more than $68,000 and sell in the luxury space. The pickup is expected to directly compete with Ford’s battery-powered F-150, which is due to launch in 2021. The SUV will go head-to-head with those already offered b