Lincoln Motor, the luxury brand under Ford, has dropped plans to construct an all-new electric vehicle dependent on Rivian’s skateboard stage.
Rivian and Ford said in an announcement sent that this was a common choice dependent on the present condition, which was intended to infer that the COVID-19 pandemic was the essential driver. The organizations despite everything plan to co-build up a vehicle later on.
“Given the flow condition, Lincoln and Rivian have chosen not to seek after the development of a completely electric vehicle dependent on Rivian’s skateboard stage,” a Lincoln spokesperson said in an announcement. “Our key promise to Lincoln, Rivian and zap stay unaltered and Lincoln’s tentative arrangements will incorporate an all-electric vehicle reliable”
The choice comes one year after Ford put $500 million into Rivian, a Michigan-based EV startup that is building up an all-electric pickup truck and SUV. At that point, Ford likewise announced plans to co-build up an electric vehicle with Rivian.
We determined that it would be better to focus our development efforts on Lincoln’s own fully electric vehicle as we moved through the development cycle, and given the current environment,” Ford said.
Ford also added that The bond with Rivian is still strong.