Ford cancels plan to make Lincoln electric vehicle [CNNMoney.com]
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Source: CNNMoney.com
Ford cancels plan to make Lincoln electric vehicle with Rivian (CNN) Ford's plan to make an electric vehicle in cooperation with Rivian, a Michigan-based electric vehicle company, under its luxury Lincoln brand have been called off. Ford and Rivian, a startup backed by hundreds of millions of investment dollars from Ford ( F ) and Amazon ( AMZN ) , had announced plans for the vehicle at the end of January. It was going to be Lincoln's first fully electric offering. The new vehicle was to be built using Rivian's so-called "skateboard platform," a basic electric vehicle structure that will also underlie Rivian's own R1S SUV and R1T pickup truck . Rivian was to produce those platforms for Ford at Rivian's factory in Normal, Illinois. Ford's announcement implied that the coronavirus pandemic was to blame for the decision to drop that plan. "Given the current environment, Lincoln and Rivian have decided not to pursue the development of a fully electric vehicle based o
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AMZN
Earnings
- 10/30/25 - Beat
AMZN
Sec Filings
- 12/3/25 - Form 4
- 11/25/25 - Form 4
- 11/25/25 - Form 4
- AMZN's page on the SEC website