Rivian and Redwood Materials Announce Energy Storage Partnership for Manufacturing
Rivian Automotive, Inc. - Class A (RIVN)
Company Research
Source: Business Wire
Largest repurposed battery energy storage system for a U.S. automotive manufacturer to cut energy costs, support grid reliability. NORMAL, Ill.--(BUSINESS WIRE)--American automotive and technology company Rivian (NASDAQ: RIVN) and critical materials and energy technology company Redwood Materials today announced a partnership to deploy pioneering battery energy storage at Rivian’s Normal, Illinois manufacturing facility. Using more than 100 second-life Rivian battery packs, Redwood and Rivian’s solution will initially provide 10 megawatt-hours (MWh) of dispatchable energy to reduce cost and grid load during peak demand periods—saving on cost and supporting grid security and reliability.Rivian will provide EV battery packs to Redwood, who will integrate them into a Redwood Energy system, supported by the company’s Redwood Pack Manager technology, allowing their stored energy to be used on-site by Rivian’s plant in Normal. This system is rapidly scalable and offers significant cost b
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News
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- Rivian (RIVN) Partners with Redwood on Battery Storage Project [Yahoo! Finance]Yahoo! Finance
- ‘What Happened to the Tesla Killers?' Elon Musk Taunts, but One Rival CEO Is Playing Offense [Yahoo! Finance]Yahoo! Finance
- Should Rivian Worry About Its Brand New Competitor? Hint: Not One Bit. [Yahoo! Finance]Yahoo! Finance
- Should Rivian Worry About Its Brand New Competitor? Hint: Not One Bit. [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
RIVN
Earnings
- 2/12/26 - Miss
RIVN
Sec Filings
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- 4/2/26 - Form 4
- RIVN's page on the SEC website