Thread regarding Ford layoffs

Amazon Is Buying 100,000 Rivian Trucks

Rivian is partially owned by Ford.


Amazon’s Multibillion-Dollar Bet On Electric Delivery Vans Is Game-Changer For Startup Rivian

Amazon says that adding 100,000 Rivian electric delivery vans to its fleet will cut carbon emissions by 4 million metric tons a year by 2030.

In April 2019, Ford Motor Company invested $500 million. As of June 2019 the company employed over 1,000 people.

6 hours ago


Rivian is an American automaker and automotive technology company. Founded in 2009, the company develops vehicles, products and services related to sustainable transportation. The company has facilities in Plymouth, Michigan; San Jose, California; Irvine, California; Normal, Illinois; and the United Kingdom. In 2017, Rivian announced it was building an electric sport utility vehicle (SUV) and pickup truck on a platform that executives claim can be modified for future vehicles or adapted by other companies, with both vehicles semi-autonomous and designed for on-road and off-road driving.
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| 1029 views | | 1 reply (September 20, 2019) | Reply
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Well duh...they also have a large ownership stake in Rivian which appears larger than Ford's. Not really big news, like who do you think they would buy them from? This way they can plow their investment back to themselves.

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