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InsideEVs
InsideEVs
Technology
Dan Mihalascu

Ford Expecting $8.2 Billion Gain In Q4 2021 On Rivian Investment

Rivian Bill Ford

Ford Motor Company’s decision to invest in EV startup Rivian is paying off big time as the latter company’s IPO has resulted in gains of $8.2 billion for the Blue Oval.

In a statement issued January 18, Ford outlined several large special items that it intends to report on February 3 as part of its fourth-quarter and full-year 2021 financial results.

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