Rivian's Factory Will Run On Its Own Used EV Batteries [Yahoo! Finance]
Rivian Automotive, Inc. - Class A (RIVN)
Company Research
Source: Yahoo! Finance
Rivian struck a deal with Redwood Materials, the battery-recycling startup, to use second-life packs at its factory. The installation at Rivian's Normal, Illinois, plant will use more than 100 recycled Rivian battery packs. It will initially provide 10 megawatt-hours of energy storage. In something of a full-circle moment, Rivian's factory in Illinois will soon be powered by old Rivian battery packs. On Tuesday, the EV startup announced a deal with the battery-recycling firm Redwood Materials that will result in an initial 10 megawatt-hours of stationary energy storage at its plant. Rivian will provide Redwood with more than 100 second-life battery packs. Redwood will turn those into a stationary storage installation that can help reduce Rivian's energy costs during times of peak demand, the companies said in a press release. “EVs represent a massive, distributed and highly competitive energy resource," Rivian founder and CEO RJ Scaringe said in a statement. “As energy need
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News
- Rivian pitches big carmakers on software deals [Yahoo! Finance]Yahoo! Finance
- 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