Ford and Rivian go their separate ways after filing shows massive stock sale in 2022
Published February 10, 2023
By: Peter Johnson
The once-promising strategic partnership between Ford and Rivian is “nearly complete” after a new SEC filing shows Ford trimmed its stake to just 10.5 million shares in 2022.
The partnership began in 2019 after Ford invested $500 million in Rivian, marking a key milestone in the company’s shared vision of accelerating sustainable mobility.