Rivian vs. Ford: The EV Investment Dilemma in a Still-Dominated ICE Market
The electric vehicle sector remains a battleground between high-growth startups and legacy automakers, with Rivian and Ford representing opposing approaches. Rivian's Q1 2025 results show a narrowing net loss to $541 million from $1.44 billion year-over-year, while achieving its first gross profit of $206 million after previous losses.
Volkswagen's $5 billion strategic investment provides Rivian with crucial lifeline and scale, though cash burn persists. Meanwhile, traditional manufacturers like Ford continue leveraging ICE profits to fund their EV transitions, creating distinct risk-reward profiles for investors.