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Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. [6]
Those "Big Three" continued to prosper, and the U.S. produced three-quarters of all automobiles in the world by 1950, 8.0 million out of 10.6 million produced. In 1908, 1 percent of U.S. households owned at least one automobile, while 50 percent did in 1948 and 75 percent did in 1960. [10] [11] Imports from abroad were a minor factor before the ...
Under the influence of Edsel Ford, Lincoln Motor Company was purchased by Henry Ford for $8 million ($145,622,266 in 2023 dollars [14]) on February 4, 1922. [ 10 ] [ 17 ] While Lincoln was valued at $16 million, a $5 million bid by Ford was the sole bid received for the company (forced to be increased by the court).
According to a 2010 study by the National Research Council, the cost of a lithium-ion battery pack is about US$1,700 /kW·h of usable energy, and considering that a PHEV with 10 km (6.2 mi) of electric range requires about 2.0 kW·h and a PHEV with 40 km (25 mi) of electric range about 8 kW·h, the estimated manufacturer cost of the battery ...
In 2000, under the leadership of the current Ford chairman, William Clay Ford, the company announced [257] a planned 25 percent improvement in the average mileage of its SUVs—to be completed by the 2005 calendar year. In 2003, Ford announced that competitive market conditions and technological and cost challenges would prevent the company ...
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