Ford brand Lincoln and EV start-up Rivian will work together to develop a new fully electric vehicle, based on Rivian’s skateboard platform. Ford had previously said that it has invested US$500m in Rivian and that the two companies would develop an EV.
Lincoln’s first fully electric vehicle will join the Aviator and Corsair Grand Touring plug-in hybrid vehicles, as part of the brand’s electrification push. Lincoln said the new EV will feature connected and intuitive technologies designed to create an effortless experience for Lincoln clients.
“Working with Rivian marks a pivotal point for Lincoln as we move toward a future that includes fully electric vehicles,” said Joy Falotico, president, The Lincoln Motor Company. “This vehicle will take Quiet Flight to a new place – zero emissions, effortless performance and connected and intuitive technology. It’s going to be stunning.”
As Lincoln adds a new luxury electric vehicle to its lineup, production of the MKZ sedan will end this year in order for the Hermosillo Assembly Plant in Mexico to prepare for production of new Ford vehicles.
The Lincoln battery electric vehicle will be built off of Rivian’s flexible skateboard platform and is part of Ford Motor Company’s planned equity investment in Rivian. This all-new vehicle also is part of Ford’s previously announced investment of more than $11.5 billion into electrification, which includes the Mustang Mach-E and a fully electric version of the best-selling F-150 pickup.
“Our vehicle development partnership with Ford is an exciting opportunity to pair our technology with Lincoln’s vision for innovation and refinement. We are proud to collaborate on Lincoln’s first fully electric vehicle,” said Rivian CEO RJ Scaringe.
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By GlobalData