Ford and Rivian go their separate ways after filing shows massive stock sale in 2022

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By: Peter Johnson

Source: electrek

 

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.

 

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