What Will It Take to Make an EV? Ask Rivian and Ford_老虎社区_美港股上老虎

What Will It Take to Make an EV? Ask Rivian and Ford

Bloomberg2021-11-25

In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned. They looked like the perfect couple. Photographer: Bing Guan/Bloomberg ...

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261

SkyTC
·2021-11-29
[Miser] nice…
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ArcherWG
·2021-11-26
👌🏻
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3
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Rokettodan
·2021-11-26
What happens once the lockup period ends will be interesting because even after taxation Ford is set to make billions as they bought the stock at average of 8.04... this will be pumped for sure in their EV strategy plan.
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2
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Tamashii
·2021-11-25
Waiting for Apple
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3
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T2huat
·2021-11-25
Ok
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2
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nanehz07
·2021-11-25
Like
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3
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收起
- T2huat:
  liked
  2021-11-25
  回复
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Abgi
·2021-11-25
Ok
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2
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Ermmmmmm
·2021-11-25
Apple is THE ONE that can compete with Tesla
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6
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- Frosty4ever:
  long road ahead for apple. little is known of what's happening.
  2021-11-26
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- Tamashii:
  🤣
  2021-11-25
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- CCCH:
  yes
  2021-11-25
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Mml
·2021-11-25
I see
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3
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SK19
·2021-11-25
💪💪💪
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3
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tcs
·2021-11-25
Go go go
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1
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- AndrewL:
  Yes
  2021-11-25
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Xuen
·2021-11-25
Let’s do it! Go rivian! Please like
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6
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ALAL
·2021-11-25
Great
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1
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eslebe
·2021-11-25
Ask Elon Musk 吧。
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3
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- Mml:
  Yup
  2021-11-25
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telsamoon
·2021-11-25
Tesla
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3
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GuSen
·2021-11-25
Went in on a high and crashed spectacularly 30% off. Expensive breakup for me. 🤣😂🤣
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2
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GimaGO
·2021-11-25
$$$$
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1
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Cheekyd
·2021-11-25
Good information
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koolgal
·2021-11-25
Interesting article on the dissolution of the agreement between Ford and Rivian to build an EV together which did not happen. Each company going their separate ways. 🤔
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25
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- koolgal:
  Thanks
  2021-11-26
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- koolgal:
  Thanks
  2021-11-26
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- Yinmos:
  [强]
  2021-11-26
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ming22
·2021-11-25
Huat!!!
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1
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Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RIVN","symbol_name":"Rivian Automotive, Inc.","start_time":0,"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","article_id":"1199226473","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","pubTimestamp":1637805524,"columns":[],"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"translate_title":"制造电动汽车需要什么？问问Rivian和福特汽车","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"F":0.9,"RIVN":0.9},"content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":600581291,"gmtCreate":1638174059945,"gmtModify":1638174060096,"author":{"id":"4097584875176740","authorId":"4097584875176740","name":"SkyTC","avatar":"https://static.tigerbbs.com/15e33ca331219df2fa87ab6c27f850d2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4097584875176740","authorIdStr":"4097584875176740"},"htmlText":"[Miser]&nbsp;nice…","listText":"[Miser]&nbsp;nice…","text":"[Miser] nice…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600581291","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877378614,"gmtCreate":1637892709983,"gmtModify":1637892710375,"author":{"id":"3581837121803380","authorId":"3581837121803380","name":"ArcherWG","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581837121803380","authorIdStr":"3581837121803380"},"htmlText":"👌🏻&nbsp;","listText":"👌🏻&nbsp;","text":"👌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877378614","repostId":1199226473,"repostType":2,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877989939,"gmtCreate":1637871327334,"gmtModify":1637876039158,"author":{"id":"4100859683182240","authorId":"4100859683182240","name":"Rokettodan","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4100859683182240","authorIdStr":"4100859683182240"},"htmlText":"What happens once the lockup period ends will be interesting because even after taxation Ford is set to make billions as they bought the stock at average of 8.04... this will be pumped for sure in their EV strategy plan.","listText":"What happens once the lockup period ends will be interesting because even after taxation Ford is set to make billions as they bought the stock at average of 8.04... this will be pumped for sure in their EV strategy plan.","text":"What happens once the lockup period ends will be interesting because even after taxation Ford is set to make billions as they bought the stock at average of 8.04... this will be pumped for sure in their EV strategy plan.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877989939","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877076426,"gmtCreate":1637852109494,"gmtModify":1637852109633,"author":{"id":"4087109479010510","authorId":"4087109479010510","name":"Tamashii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087109479010510","authorIdStr":"4087109479010510"},"htmlText":"Waiting for Apple&nbsp;","listText":"Waiting for Apple&nbsp;","text":"Waiting for Apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877076426","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877056114,"gmtCreate":1637848251037,"gmtModify":1637848251133,"author":{"id":"4097408260137130","authorId":"4097408260137130","name":"T2huat","avatar":"https://static.tigerbbs.com/1a4dd163528b9498d56683bd49a808d2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4097408260137130","authorIdStr":"4097408260137130"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877056114","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877031994,"gmtCreate":1637837920248,"gmtModify":1637837920335,"author":{"id":"4090062734790350","authorId":"4090062734790350","name":"nanehz07","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"4090062734790350","authorIdStr":"4090062734790350"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/877031994","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6722302,"gmtCreate":1637848265213,"gmtModify":1637848265305,"authorId":4097408260137130,"author":{"id":4097408260137130,"idStr":"4097408260137130","authorId":4097408260137130,"name":"T2huat","avatar":"https://static.tigerbbs.com/1a4dd163528b9498d56683bd49a808d2","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877031994,"type":1,"supId":0,"prevId":0,"content":"liked","text":"liked","html":"liked"}],"langContent":"CN"},{"id":877033963,"gmtCreate":1637837778514,"gmtModify":1637837778514,"author":{"id":"4090761990043800","authorId":"4090761990043800","name":"Abgi","avatar":"https://static.tigerbbs.com/5794537c2f082eb13fc40b1b8a64a234","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4090761990043800","authorIdStr":"4090761990043800"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877033963","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":877030950,"gmtCreate":1637837416465,"gmtModify":1637837416675,"author":{"id":"4087557783698070","authorId":"4087557783698070","name":"Ermmmmmm","avatar":"https://static.tigerbbs.com/b89bbeb73fe9212f0b5efc7185ae8a51","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4087557783698070","authorIdStr":"4087557783698070"},"htmlText":"Apple is THE ONE that can compete with Tesla&nbsp;","listText":"Apple is THE ONE that can compete with Tesla&nbsp;","text":"Apple is THE ONE that can compete with Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/877030950","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6724285,"gmtCreate":1637876513607,"gmtModify":1637876513607,"authorId":3583106134648492,"author":{"id":3583106134648492,"idStr":"3583106134648492","authorId":3583106134648492,"name":"Frosty4ever","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877030950,"type":1,"supId":0,"prevId":0,"content":"long road ahead for apple. little is known of what's happening.","text":"long road ahead for apple. little is known of what's happening.","html":"long road ahead for apple. little is known of what's happening."},{"id":6723021,"gmtCreate":1637852097002,"gmtModify":1637852097103,"authorId":4087109479010510,"author":{"id":4087109479010510,"idStr":"4087109479010510","authorId":4087109479010510,"name":"Tamashii","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877030950,"type":1,"supId":0,"prevId":0,"content":"🤣","text":"🤣","html":"🤣"},{"id":6721954,"gmtCreate":1637845768362,"gmtModify":1637845768464,"authorId":3579259217271611,"author":{"id":3579259217271611,"idStr":"3579259217271611","authorId":3579259217271611,"name":"CCCH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877030950,"type":1,"supId":0,"prevId":0,"content":"yes","text":"yes","html":"yes"},{"id":6721066,"gmtCreate":1637838295745,"gmtModify":1637838295778,"authorId":3579315359251684,"author":{"id":3579315359251684,"idStr":"3579315359251684","authorId":3579315359251684,"name":"CoolMint","avatar":"https://static.tigerbbs.com/dcd6379236e25a2dc038e27b2c2a460c","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":877030950,"type":1,"supId":0,"prevId":0,"content":"🚀","text":"🚀","html":"🚀"}],"langContent":"CN"},{"id":874774259,"gmtCreate":1637832849288,"gmtModify":1637832849744,"author":{"id":"3584863771682470","authorId":"3584863771682470","name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3584863771682470","authorIdStr":"3584863771682470"},"htmlText":"I see","listText":"I see","text":"I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874774259","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874754717,"gmtCreate":1637829057458,"gmtModify":1637829108362,"author":{"id":"3577755293052640","authorId":"3577755293052640","name":"SK19","avatar":"https://static.tigerbbs.com/ee6b25332525b16399562f21677fa1cd","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577755293052640","authorIdStr":"3577755293052640"},"htmlText":"💪💪💪","listText":"💪💪💪","text":"💪💪💪","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874754717","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874754409,"gmtCreate":1637829051462,"gmtModify":1637829108243,"author":{"id":"4089886687733990","authorId":"4089886687733990","name":"tcs","avatar":"https://static.tigerbbs.com/e948df521ed98b7e9f105cfb812067fb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4089886687733990","authorIdStr":"4089886687733990"},"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874754409","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6720233,"gmtCreate":1637831221107,"gmtModify":1637831221192,"authorId":3571815908504020,"author":{"id":3571815908504020,"idStr":"3571815908504020","authorId":3571815908504020,"name":"AndrewL","avatar":"https://static.tigerbbs.com/f45655eaaab14f0b61c554eea4d95ca7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874754409,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"CN"},{"id":874766062,"gmtCreate":1637825542326,"gmtModify":1637825542326,"author":{"id":"3580878753839313","authorId":"3580878753839313","name":"Xuen","avatar":"https://static.tigerbbs.com/cf4a4ce3b598087c474dff9fa84123ec","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3580878753839313","authorIdStr":"3580878753839313"},"htmlText":"&nbsp;Let’s do it! Go rivian! Please like&nbsp;","listText":"&nbsp;Let’s do it! Go rivian! Please like&nbsp;","text":"Let’s do it! Go rivian! Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874766062","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874761028,"gmtCreate":1637825263252,"gmtModify":1637825263347,"author":{"id":"3573967796529092","authorId":"3573967796529092","name":"ALAL","avatar":"https://static.tigerbbs.com/875b16da8a8772902d1aaf69f6c0d98a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3573967796529092","authorIdStr":"3573967796529092"},"htmlText":"Great&nbsp;","listText":"Great&nbsp;","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874761028","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874719154,"gmtCreate":1637822609840,"gmtModify":1637822609937,"author":{"id":"4100154790997510","authorId":"4100154790997510","name":"eslebe","avatar":"https://static.tigerbbs.com/49b59eaa11d91f8e50747a353d6075a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4100154790997510","authorIdStr":"4100154790997510"},"htmlText":"Ask Elon Musk 吧。","listText":"Ask Elon Musk 吧。","text":"Ask Elon Musk 吧。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/874719154","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6720422,"gmtCreate":1637832869770,"gmtModify":1637832869801,"authorId":3584863771682470,"author":{"id":3584863771682470,"idStr":"3584863771682470","authorId":3584863771682470,"name":"Mml","avatar":"https://static.tigerbbs.com/f24c9f80edf3964f1c5ee7b551e05463","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874719154,"type":1,"supId":0,"prevId":0,"content":"Yup","text":"Yup","html":"Yup"}],"langContent":"CN"},{"id":874736627,"gmtCreate":1637821971269,"gmtModify":1637821971269,"author":{"id":"3586321413217440","authorId":"3586321413217440","name":"telsamoon","avatar":"https://static.tigerbbs.com/0052178a3161ff2c733a7489ffdc171d","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3586321413217440","authorIdStr":"3586321413217440"},"htmlText":"Tesla","listText":"Tesla","text":"Tesla","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874736627","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874738766,"gmtCreate":1637821931285,"gmtModify":1637821931487,"author":{"id":"3581847021927100","authorId":"3581847021927100","name":"GuSen","avatar":"https://static.tigerbbs.com/1b70044f21c62e929a7c4b5157b5a273","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3581847021927100","authorIdStr":"3581847021927100"},"htmlText":"Went in on a high and crashed spectacularly 30% off. Expensive breakup for me. 🤣😂🤣","listText":"Went in on a high and crashed spectacularly 30% off. Expensive breakup for me. 🤣😂🤣","text":"Went in on a high and crashed spectacularly 30% off. Expensive breakup for me. 🤣😂🤣","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874738766","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874793171,"gmtCreate":1637820310000,"gmtModify":1637820310070,"author":{"id":"4098956206649210","authorId":"4098956206649210","name":"GimaGO","avatar":"https://static.tigerbbs.com/acbaf394d1f80b0a17e1d6fb7623c697","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4098956206649210","authorIdStr":"4098956206649210"},"htmlText":"$$$$","listText":"$$$$","text":"$$$$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874793171","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874444387,"gmtCreate":1637816714052,"gmtModify":1637816714052,"author":{"id":"4100179725007900","authorId":"4100179725007900","name":"Cheekyd","avatar":"https://static.tigerbbs.com/05e7c6e8bcef8bb9fade899aca08288b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"4100179725007900","authorIdStr":"4100179725007900"},"htmlText":"Good information&nbsp;","listText":"Good information&nbsp;","text":"Good information","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874444387","repostId":1199226473,"repostType":2,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":874445335,"gmtCreate":1637816540238,"gmtModify":1637874555677,"author":{"id":"3559581955535845","authorId":"3559581955535845","name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3559581955535845","authorIdStr":"3559581955535845"},"htmlText":"Interesting article on the dissolution of the agreement between Ford and Rivian to build an EV together which did not happen.&nbsp; Each company going their separate ways.&nbsp; 🤔","listText":"Interesting article on the dissolution of the agreement between Ford and Rivian to build an EV together which did not happen.&nbsp; Each company going their separate ways.&nbsp; 🤔","text":"Interesting article on the dissolution of the agreement between Ford and Rivian to build an EV together which did not happen. Each company going their separate ways. 🤔","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":25,"commentSize":10,"repostSize":0,"link":"https://laohu8.com/post/874445335","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":6724145,"gmtCreate":1637874555623,"gmtModify":1637874555623,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874445335,"type":1,"supId":6721923,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":6724144,"gmtCreate":1637874549255,"gmtModify":1637874549255,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874445335,"type":1,"supId":6723903,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"},{"id":6723903,"gmtCreate":1637859840222,"gmtModify":1637859840253,"authorId":4093005410745580,"author":{"id":4093005410745580,"idStr":"4093005410745580","authorId":4093005410745580,"name":"Yinmos","avatar":"https://static.tigerbbs.com/7abcd23c1c373419c08a883633eda78b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874445335,"type":1,"supId":0,"prevId":0,"content":"<p>[强] </p>","text":"<p>[强] </p>","html":"<p>[强] </p>"},{"id":6721923,"gmtCreate":1637845641834,"gmtModify":1637845641868,"authorId":4100083893976530,"author":{"id":4100083893976530,"idStr":"4100083893976530","authorId":4100083893976530,"name":"LLQ_","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874445335,"type":1,"supId":0,"prevId":0,"content":"👍","text":"👍","html":"👍"},{"id":6721287,"gmtCreate":1637840601955,"gmtModify":1637840601955,"authorId":3559581955535845,"author":{"id":3559581955535845,"idStr":"3559581955535845","authorId":3559581955535845,"name":"koolgal","avatar":"https://static.tigerbbs.com/c05274d88ffc0434623e57350c52c70a","vip":2,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":874445335,"type":1,"supId":6721141,"prevId":0,"content":"Thanks","text":"Thanks","html":"Thanks"}],"langContent":"CN"},{"id":874448349,"gmtCreate":1637815973379,"gmtModify":1637815973657,"author":{"id":"3571044771112848","authorId":"3571044771112848","name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571044771112848","authorIdStr":"3571044771112848"},"htmlText":"Huat!!!&nbsp;","listText":"Huat!!!&nbsp;","text":"Huat!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874448349","repostId":1199226473,"repostType":4,"repost":{"id":"1199226473","kind":"news","pubTimestamp":1637805524,"share":"https://www.laohu8.com/m/news/1199226473?lang=&edition=full","pubTime":"2021-11-25 09:58","market":"us","language":"en","title":"What Will It Take to Make an EV? Ask Rivian and Ford","url":"https://stock-news.laohu8.com/highlight/detail?id=1199226473","media":"Bloomberg","summary":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimatel","content":"<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/140be184c60d8fdabe2690a073d7c9b7\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>They looked like the perfect couple. Photographer: Bing Guan/Bloomberg</span></p>\n<p>Breakups are tough — even amicable&nbsp;ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the&nbsp;relationship between the century-old&nbsp;Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.</p>\n<p>It was meant to work —&nbsp;on paper. A large, traditional manufacturer ties up with a new startup that boasts&nbsp;all the right technology and specs, to make an electric version of an American favorite —&nbsp;the SUV. They looked like&nbsp;the perfect couple.&nbsp;This month, though,the companies abandoned plans to jointly develop&nbsp;an EV.</p>\n<p>It’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took&nbsp;big stakes in various futuristic technologies or forged&nbsp;partnerships that aligned them with the next-generation of vehicles and the&nbsp;technology that would power them. For Rivian, a hot startup with all the&nbsp;ideas à la&nbsp;mode around sustainability and greener vehicles, the partnership&nbsp;with a manufacturing giant would ensure that production issues didn’t impede its rise.</p>\n<p>Rivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days&nbsp;later,&nbsp;they called off jointly making an electric vehicle —&nbsp;mutually, they say.&nbsp;Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.</p>\n<p>But the making-a-car bit was the premise of the relationship. So what about those&nbsp;lofty goals set at the time&nbsp;of the initial investment led to it falling apart?&nbsp;In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.</p>\n<p>He went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder&nbsp;R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship&nbsp;was&nbsp;bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.</p>\n<p>Just over two years later, the reality couldn’t be further from those&nbsp;optimistic statements. Ford is coming out with its own vehicles, as is Rivian,&nbsp;while&nbsp;it&nbsp;scouts out manufacturing plants in Georgia.</p>\n<p>Perhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would —&nbsp;their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”</p>\n<p>In the rush to pair up and give investors some hope&nbsp;in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already&nbsp;raised over $1.5 billion and was valued at close to $7 billion.</p>\n<p>In a way, it’s a sign of how both companies underestimated themselves —&nbsp;perhaps&nbsp;we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm&nbsp;plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of&nbsp;them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.</p>\n<p>Many EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.</p>\n<p>For investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.”&nbsp;In fact,&nbsp;you don’t even have to.&nbsp;That’s worth bearing in mind.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Will It Take to Make an EV? Ask Rivian and Ford</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Will It Take to Make an EV? Ask Rivian and Ford\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 09:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\n...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","F":"福特汽车"},"source_url":"https://www.bloomberg.com/opinion/articles/2021-11-24/what-will-it-take-to-make-an-ev-ask-rivian-and-ford?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199226473","content_text":"In the rush to forge ties with a hot, new startup, what seemed like a match made in heaven ultimately crashed and burned.\nThey looked like the perfect couple. Photographer: Bing Guan/Bloomberg\nBreakups are tough — even amicable ones. But a reassessment usually lays bare the issues that inform the future. So it’s worth wondering about the relationship between the century-old Ford Motor Co. and recently-floated electric vehicle company Rivian Automotive Inc.\nIt was meant to work — on paper. A large, traditional manufacturer ties up with a new startup that boasts all the right technology and specs, to make an electric version of an American favorite — the SUV. They looked like the perfect couple. This month, though,the companies abandoned plans to jointly develop an EV.\nIt’s a shame. Investors loved it. For Ford, it was a big, bold bet on the future at a time when it didn’t know much better and skittishness around the incessant rise of EV-maker Tesla Inc. made traditional carmakers splash out. They took big stakes in various futuristic technologies or forged partnerships that aligned them with the next-generation of vehicles and the technology that would power them. For Rivian, a hot startup with all the ideas à la mode around sustainability and greener vehicles, the partnership with a manufacturing giant would ensure that production issues didn’t impede its rise.\nRivian went public on Nov. 10 in one of the biggest offerings ever. The value of Ford’s stake stands at around $12 billion. Just 10 days later, they called off jointly making an electric vehicle — mutually, they say. Ford still holds its 12%. Both companies seem to have come out fine, in theory. A subsidiary of the Detroit giant has a supply agreement with the EV-maker.\nBut the making-a-car bit was the premise of the relationship. So what about those lofty goals set at the time of the initial investment led to it falling apart? In April 2019, after the announcement, when Ford’s then-Chief Executive Officer James Hackett was asked by an analyst how much his company thought it could save from its partnership versus “the $1 billion to $2 billion needed to bring a new vehicle to market,” he said: “We see significant opportunity” in terms of cost and speed to market, noting that the latter was important.\nHe went on to say that the skateboard platform, Rivian’s chassis that packages together the systems, motor, batteries and other controls, had a lot of capability they could leverage. Rivian founder R.J. Scaringe noted that just as important as its 100,000 electric van-Amazon.com Inc. relationship was bringing in a partner “that has manufacturing expertise, supply chain expertise and the ability to actually use our skateboard.” They didn’t get into details but investors liked the idea.\nJust over two years later, the reality couldn’t be further from those optimistic statements. Ford is coming out with its own vehicles, as is Rivian, while it scouts out manufacturing plants in Georgia.\nPerhaps they just couldn’t see eye-to-eye on technology and manufacturing, and never would — their foundations are so different. Within a year of the tie-up, in early April 2020,Ford’s luxury brand Lincoln Motors canceled plans to make an all new EV on Rivian’s platform. It maintained the partnership was still strong, noting that they were working on “an alternative vehicle.”\nIn the rush to pair up and give investors some hope in a cloak-and-dagger string of events, the Ford and Rivian decision, in retrospect, looks like it was just aesthetically pleasing. By the time Ford put in the half-million dollars, Rivian had already raised over $1.5 billion and was valued at close to $7 billion.\nIn a way, it’s a sign of how both companies underestimated themselves — perhaps we’re still in for all sorts of great electric trucks and SUVs? Ford’s current CEO Jim Farley said this month his firm plans to double its EV production capacity. But the reality is, we’ll need to start seeing more of them first. In addition, there has to be further discussion and disclosure around what didn’t work for the two parties — because it sounded like it should have been straightforward. That would do the vibrant electric vehicle conversation a big favor.\nMany EV manufacturers are contracting out production and have often struggled to get it up and running (including Tesla in the early days). What issues are they running into? Is this a tech — hardware or software — issue or just philosophical? What seems like a good, synergistic partnership or tie-up may need a more considered look.\nFor investors, that’s a warning, especially as the rush to go electric and a slew of new technologies mushroom across the electric vehicle value chain. A former Ford executive once told Rivian’s Scaringe, “Just because you got engaged to someone doesn’t mean you need to marry them.” In fact, you don’t even have to. That’s worth bearing in mind.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":261,"commentSize":24,"repostSize":0,"favoriteSize":3,"likeStatus":false,"favoriteStatus":false}}