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Rivian’s factory will soon be powered partly by old batteries from its own EVs

At its factory in Illinois, Rivian will soon use more than 100 retired EV batteries in an on-site power system that will help it save money on electric bills. The electric automaker is one of the first customers of Redwood Materials’s new energy storage business, which takes old or discarded EV batteries—in this case, from Rivian’s own vehicles—and deploys them in a second life on the grid. By making it possible to charge when there’s excess energy available and the cost of electricity is low, the project “can generate significant cost savings that directly contributes to a reduction in the cost of our vehicles,” says Andrew Peterman, who runs Rivian’s advanced energy program. It also means that the manufacturer can use more renewable energy, since excess solar and wind power is available at certain times of day. An aerial view of the Rivian plant in Normal, Illinois [Photo: Rivian] It’s part of Rivian’s larger approach to energy.

Technology / Fast Company / 3d ago / 100% positive
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