Lincoln scraps plans to develop first EV with Tesla rival Rivian - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Tesla rival Rivian will no longer underpin Lincoln's first EV, as Lincoln moves to develop its own electric vehicle

with Lincoln in which it would build the platform for the automaker's first fully electric car.

The Rivian partnership was about more than just one EV, hence the mention that Ford's "strategic commitment to Lincoln, Rivian and electrification remains unchanged." Fordin Rivian in 2019, and the Lincoln model was meant to be built on Rivian's "skateboard" platform — a low and flat chassis that makes up the structural underpinnings of the car.

"We continue to review and adjust our business and product plans — as all prudent businesses do," the spokesperson said. "As we moved through the development cycle, we determined that it would be better to pivot from the Rivian's skateboard platform and focus our development efforts on Lincoln's own fully electric vehicle.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

One step forward, but Ford lost its focus... ✅ICE Cars ✅ Hybrids ✅ Plug-ins ✅ EVs ❌ Rivan partnership Really tough to be all the things.

Consumer are grateful! Competition fairerprices

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Juul is reportedly planning to cut one-third of its staff - Business Insider'As part of our ongoing reset, we are constantly evaluating our operations and the best way to position our company for the long term,' Juul said. Hey Juul, don't make it bad...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Half of US doctors now use telehealth - Business Insider - Business InsiderForty-eight percent of US physicians now report treating patients via telemedicine — a huge leap from the 18% who said the same in 2018. The answer here is simple. There is not enough opportunity for BILLING when this is done. Doctors are sharks just as ferocious as lawyers when it comes to BILLING! Not enough billing = No New Mercedes 500!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Business Insider's best investing stories of April 2020 - Business InsiderThe definitive list of the best investing stories published by Business Insider in April 2020 — from A-list recommendations to top stock picks.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Sling TV ad spending tops streaming-TV rivals, YouTube TV in lockdown - Business InsiderSling TV is ramping up ad spending more than its skinny-bundle rivals as it looks to restart growth and gain market share
Source: BusinessInsider - 🏆 729. / 51 Read more »

Billionaire Bill Ackman has 'enormous respect' for Tesla CEO Elon Musk - Business InsiderBillionaire investor Bill Ackman has 'enormous respect' for Tesla chief Elon Musk, but isn't a fan of his tweets What more is there to Elon than his tweets?
Source: BusinessInsider - 🏆 729. / 51 Read more »