Ford and Rivian cancel all plans for EV collaboration

Although it’s too early to know for sure, it seems that’s the case with Ford and Rivian, who have canceled their plans to collaborate on an electric vehicle. In April 2019, then-Ford CEO Jim Hackett invested $500 million in Rivian, the plan then being to develop a rugged electric SUV using Rivian technology. When Jim Farley took over as Ford CEO in October 2020, he led another $415 million investment in Rivian with the idea that the two companies would still collaborate on an EV.

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Pembina Pipeline CEO Mick Dilger steps down to pursue other opportunities

CALGARY — Pembina Pipeline Corp. says Mick Dilger has stepped down as president and chief executive to pursue other opportunities. The company says its board has named chief financial officer Scott Burrows interim president and chief executive. Cameron Goldade, Pembina’s vice-president, capital markets, has been named interim chief financial officer. Pembina chair Randall Findlay thanked Dilger for his service. The company says its board will be working with a search firm to identify and evaluat

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