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Ford Motor to put $500 million into electric vehicle startup Rivian

Updated : April 24, 2019 09:11 PM IST

Ford said it will use Rivian's "skateboard" - a chassis that bundles electric motor, batteries and controls - to build a new vehicle for North America.
It did not provide details on what type of vehicle, and where or when it would be built.
Ford Motor to put $500 million into electric vehicle startup Rivian

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