When Ford Motor Company announced its $500 million investment into electric vehicle startup Rivian it confirmed plans to have Rivian produce a Ford product. Now, rumors are surfacing that the first Rivan-based Ford product will be a Lincoln SUV.
We actually first reported rumors of a Rivian-based Lincoln product back in April. Now other outlets are reporting Ford has an internal program dubbed the U787, which is reported the Lincoln SUV that will utilize Rivian’s skateboard electric vehicle platform. The same platform will underpin the $72,500 Rivian R1S.
Ford appears to be positioning this Lincoln product as a premium offering to compete with upcoming battery-electric luxury SUVs from General Motors and other automakers. Supplier sources suggest the new Lincoln product will arrive in mid-2022.
The Rivian-based Lincoln is one of a few battery-electric vehicles Ford has planned for the Lincoln brand. Lincoln is expected to introduce a compact electric crossover in 2021 and a midsize variant sometime in 2023.
Assumably, the Lincoln product will be produced at Rivian’s Normal, Illinois assembly plant, which the startup acquired from Mitsubishi. Rivian began operations in 2009 and has raised $1.9 billion in capital since launch.