Ford Motor Co. and Rivian are canceling their plan to jointly develop an electric vehicle for the Lincoln brand due to the ongoing coronavirus crisis.
Lincoln informed its dealers of the decision on Tuesday. Officials said the brand still planned to have its own EV eventually and could potentially co-develop a product with Rivian in the future but shelved the project because of the “current environment.”
The next General Motors EV will be a renewed Chevrolet Bolt EV, launching in late 2020. This will be followed by a ‘crossover’ version, dubbed the Bolt EUV, launching Summer 2021.
GM says the 2022 Bolt EUV will be the first vehicle outside of the Cadillac brand to feature Super Cruise, GM’s hands-free driving technology. GM promises Super Cruise will be available in 10 name plates by 2021, and expand to 22 vehicles across the GM brands by 2023.
The Cadillac Lyriq luxury SUV will be in April, but details about its launch were not shared. The GMC HUMMER EV is scheduled to be introduced on May 20, with production expected to start in the fall at GM’s Detroit-Hamtramck assembly plant.
What is clear from this announcement is that aside from the Chevy Bolt, GM’s new EVs are big, heavy vehicles that will appeal to American buyers. GM has not changed that direction.
Lincoln, the luxury brand under Ford, said Wednesday the two companies will work together to develop an “all-new” electric vehicle. This electric vehicle, or at least the intent to build it, was announced in April as part of Ford’s $500 million investment in Rivian. But until now, it wasn’t clear what that vehicle would be and under what brand.
Rivian confirmed the announcement and didn’t provide further details.
Lincoln has produced two plug-in hybrid vehicles, the Aviator and Corsair Grand Touring, which it unveiled in November at the LA Auto Show. But it has never produced an all-electric vehicle.
Ford joined Amazon.com Inc. in backing suburban Detroit-based Rivian in April and had said it would use Rivian’s “skateboard” platform. The number of all-electric models in U.S. showrooms will surge to 121 five years from now, from 18 now, according to researcher LMC Automotive.