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Stock impact report

Rivian and EnergyHub team up on utility EV charging programmes [Yahoo! Finance]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Yahoo! Finance
The collaboration links Rivian's direct engagement with vehicle owners to EnergyHub's managed charging technology, enabling Rivian vehicles to take part in utility EV initiatives. The companies said the arrangement is intended to help drivers identify and enrol in such programmes while supporting utilities in recruiting participants and scaling managed charging schemes that use EVs as grid resources. Under the agreement, Rivian vehicles will qualify for both passive and active managed charging offerings. Rivian advanced energy solutions director Andrew Peterman said: “By integrating managed charging programs, we're not only lowering costs for our drivers and elevating the ownership experience, but also ensuring that every Rivian on the road contributes to a more resilient and secure grid for everyone.” According to the press statement, EnergyHub's EV managed charging technology enables dynamic load shaping, coordinating EV charging with local grid capacity constraints. The Show less Read more
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