Ford and Rivian fill abandoned a view they’d to jointly bring collectively an EV collectively. In an interview with Automotive News, Ford CEO Jim Farley acknowledged the automaker will inch it alone because it targets to fill 600,000 vehicles per year by the tip of 2023.

When the company invested $500 million in Rivian in 2019, the two acknowledged they’d work collectively to fill a Ford-branded EV that comprises the startup’s “skateboard” powertrain. In early 2020, the two, citing the pandemic, canceled a Lincoln-branded EV. On the time, they acknowledged they aloof deliberate to head ahead with an “replacement vehicle” in accordance with Rivian’s know-how. Now, that mission received’t inch ahead either.

“Fair now, now we fill rising self assurance in our ability to bring collectively in the electric dwelling,” Farley urged Automotive News. “Whenever you occur to compare on the contemporary time with when we originally made that investment, so powerful has changed: about our ability, in regards to the emblem’s route in both cases, and now it’s more constructive to us what now we want to attain.”

In keeping with Farley, phase of the reason Ford and Rivian made up our minds no longer to switch ahead with the mission is the complexities of marrying their hardware and instrument collectively. The companies express the choice has no longer affected their relationship.

“As Ford has scaled its possess EV technique and seek info from for Rivian vehicles has grown, we’ve mutually made up our minds to focal level on our possess initiatives and deliveries,” a spokesperson for Rivian urged Engadget. “Our relationship with Ford is a prime phase of our hotfoot, and Ford remains an investor and ally on our shared route to an electrified future.”

Editor’s uncover: This put up originally looked on Engadget.

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