It was April 2019 when Ford announced that it’s pouring $500 million into EV startup Rivian. As part of this investment, the Blue Oval received access to the skateboard platform of the R1T pickup truck and R1S sport utility vehicle.
When you think about it, five hundred biggies aren’t much for the research-and-development work that went into Rivian’s skateboard platform. Better still, Ford announced with pomp and circumstance that Lincoln would be the recipient of this vehicle architecture for the luxury automaker’s first-ever electric vehicle.
Confirmed in January 2020, the yet-to-be-named Lincoln EV was expected to arrive in 2022 at a price of approximately $70,000 with up to four electric motors. A recent report suggests that Mark E could be the moniker, but still, there’s no such trademark filed with the U.S. Patent and Trademark Office.
And now, prepare for some bad news. As the headline implies, the Lincoln-Rivian collab came to a grinding halt because of the financial woes coming from the worldwide health crisis. As per Automotive News (subscription required), Ford Motor Company chief financial officer Tim Stone gave this saddening dispatch during a conference call.
The crisis had and continues to have a ripple effect throughout the entire automotive industry, marking every segment and operation because of slowing demand and the sanitary measures taken by the U.S. and other governments from all around the world. Even General Motors has pushed back the convertible body style of the C8 Corvette Stingray to the 2021 model year instead of 2020 as the coupe option.
There’s a silver lining to this story, though. Lincoln has reiterated that future products include at least one EV developed in accordance with the Quiet Flight philosophy, namely vehicles that will feature “zero emissions, effortless performance, as well as connected and intuitive technology.” The quotation from the previous sentence comes courtesy of none other than Joy Falotico, head of the Lincoln Motor Company.
At the time of writing, the automaker’s only electrified vehicles are the MKZ Hybrid Reserve at $42,500 and the plug-in hybrid Aviator Grand Touring at $68,800 excluding destination charge.
Confirmed in January 2020, the yet-to-be-named Lincoln EV was expected to arrive in 2022 at a price of approximately $70,000 with up to four electric motors. A recent report suggests that Mark E could be the moniker, but still, there’s no such trademark filed with the U.S. Patent and Trademark Office.
And now, prepare for some bad news. As the headline implies, the Lincoln-Rivian collab came to a grinding halt because of the financial woes coming from the worldwide health crisis. As per Automotive News (subscription required), Ford Motor Company chief financial officer Tim Stone gave this saddening dispatch during a conference call.
The crisis had and continues to have a ripple effect throughout the entire automotive industry, marking every segment and operation because of slowing demand and the sanitary measures taken by the U.S. and other governments from all around the world. Even General Motors has pushed back the convertible body style of the C8 Corvette Stingray to the 2021 model year instead of 2020 as the coupe option.
There’s a silver lining to this story, though. Lincoln has reiterated that future products include at least one EV developed in accordance with the Quiet Flight philosophy, namely vehicles that will feature “zero emissions, effortless performance, as well as connected and intuitive technology.” The quotation from the previous sentence comes courtesy of none other than Joy Falotico, head of the Lincoln Motor Company.
At the time of writing, the automaker’s only electrified vehicles are the MKZ Hybrid Reserve at $42,500 and the plug-in hybrid Aviator Grand Touring at $68,800 excluding destination charge.