Seems like a case whereby Ford understands that the EV truck space is dominated by Rivan, so FORD wants to find its own niche by being in the EV hybrid space. This is not bad news for Rivan but rather good news for Rivan, as there is less one competitor in the EV truck space. 

Ford Ditches Its Electric SUV: Here's What That Means For Rivian Stock

Car buyers are switching from fully electric vehicles to plug-in hybrids. That spells bad news for brands that only sell electric vehicles.
Ford Ditches Its Electric SUV: Here's What That Means For Rivian Stock

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  • MabelReed
    ·09-02
    Awesome move by Ford
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    • Lio23
      Indeed. Why go into a space whereby you will be second or lower? Good for Ford to exit and create its own niche
      09-03
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  • nawertiro
    ·09-02
    good job
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