Ford made headlines, to say the least, when it revealed the Mustang Mach-E – a performance-oriented electric crossover trading on the iconic sports car's image. But it's not done yet rolling out battery-powered SUVs.

According to Reuters, engineers in Dearborn are working on a luxurious new electric crossover that will leverage Ford's recent half-a-billion-dollar investment in Rivian, the electric-truck startup that's gearing up to take on the Tesla Cybertruck (among others). But instead of wearing the Blue Oval badge or the pony car's, it'll be positioned upmarket and sold as a Lincoln.

Details are still few and far between on the project known internally by the code U787. But it's slated to use the "skateboard" architecture engineered by Rivian, incorporating the electric motors, batteries, suspension, and other components into one flat and flexible platform that will underpin an array of electric vehicles. It's unclear what size class this new model will land in, but Lincoln is expected to roll out a compact electric crossover late in 2021 or early 2022, and a mid-size version in 2023. It could be built at the plant in Normal, Illinois, acquired in 2017 by Rivian, that once built an array of Mitsubishi and Chrysler vehicles under the Diamond-Star Motors alliance.

Lincoln recently rolled out the Grand Touring versions of both the Corsair and Aviator SUVs – plug-in hybrids both that will hold the line at least until the new all-electric models arrive. When they do, they stand to take on the likes of the Audi e-tron, Jaguar I-Pace, and Mercedes EQC in a fast-growing segment for upscale electric crossovers. Arch-rival Cadillac is also gearing up to join the fight with an all-new battery-powered crossover within the next three years, and you can bet as sure as death and taxes that there'll be more to follow.