Ford and its luxurious model Lincoln have canceled an all-electric SUV that was going to be powered by know-how supplied by EV startup Rivian, the businesses advised Automotive News on Tuesday.
Lincoln says it’s nonetheless working carefully with Rivian, together with an “different car” that will even be primarily based on Rivian’s electrical car skateboard platform.
“Given the present surroundings, Lincoln and Rivian have determined to not pursue the event of a completely electrical car primarily based on Rivian’s skateboard platform. Our strategic dedication to Lincoln, Rivian and electrification stays unchanged and Lincoln’s future plans will embody an all-electric car,” a spokesperson from Lincoln advised The Verge in an announcement.
Lincoln declined to say what particularly in regards to the pandemic led to the cancellation. “This was a choice that was mutually made by Lincoln and Rivian given the quickly altering surroundings and after a evaluate of product plans,” the spokesperson mentioned. “As we moved by the event cycle, we decided that it could be higher to pivot from the Rivian’s skateboard platform and focus our improvement efforts on Lincoln’s personal fully-electric car.”
Amy Mast, Rivian’s public relations director, mentioned “Ford and Lincoln proceed to be nice companions.” Rivian just lately introduced that it’s pushing again the discharge of its first two autos — an all-electric pickup truck and SUV — to early 2021 because of the pandemic.
Ford introduced a $500 million funding in Rivian final 12 months, simply two months after Amazon led a $700 million funding within the Michigan-based startup. As a part of Ford’s funding, it introduced that it could develop an electrical car that used Rivian’s battery pack and electrical motor setup. It was reported on the time that the car can be a part of the Lincoln steady, one thing the luxurious model confirmed this previous January. Ford additionally participated in a $1.three billion fundraising spherical for Rivian that closed in December.
Based in 2009, Rivian initially got down to construct an all-electric sports activities automobile very similar to Tesla’s Roadster. However it will definitely pivoted to an electrical pickup truck and SUV. The corporate operated in stealth mode for almost a decade till it unveiled these two autos on the 2018 LA Auto Present. It has since employed over 2,000 individuals and has opened places of work throughout North America.