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Stock impact report

Rivian (RIVN) Partners with Redwood on Battery Storage Project [Yahoo! Finance]

Rivian Automotive, Inc. - Class A (RIVN) 
Company Research Source: Yahoo! Finance
On April 14, 2026, Rivian Automotive, Inc. (NASDAQ:RIVN) and Redwood Materials announced a partnership to deploy battery energy storage at Rivian's manufacturing facility in Normal, Illinois. The system will use more than 100 second-life Rivian battery packs to provide an initial 10 megawatt-hours of dispatchable energy, helping reduce costs and grid load during peak demand periods. Rivian will supply the battery packs, while Redwood will integrate them into its Redwood Energy system using its Pack Manager technology, enabling on-site energy use with a scalable and cost-efficient solution. Rivian (RIVN) Partners with Redwood on Battery Storage Project A Riivan vehicle. Photo from Rivian website On April 2, 2026, Goldman Sachs lowered its price target on Rivian Automotive, Inc. (NASDAQ:RIVN) to $17 from $19 and maintained a Neutral rating following Q1 delivery results. The firm said investor focus will remain on the R2 production ramp and progress on Rivian's autonomy roadmap. Show less Read more
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