"Rivian's factory in Illinois will soon be powered by old Rivian battery packs, with an initial installation providing 10 megawatt-hours of energy storage. This innovative approach helps reduce energy costs during peak demand."
"As energy needs grow, our grid needs to be flexible, secure, and affordable. Our partnership with Redwood enables us to utilize our vehicle's batteries beyond the life of a vehicle and contribute to grid health."
"Studies have shown that EV batteries don't actually degrade all that quickly. Even an EV battery with half or three-quarters of its original capacity can be valuable for stationary storage."
"Redwood Energy is our solution: a platform to repurpose these battery packs into low-cost, large-scale energy storage systems that fill a crucial need as more batteries reach end-of-life."
Rivian has partnered with Redwood Materials to utilize over 100 recycled battery packs for energy storage at its Normal, Illinois plant. This installation will initially provide 10 megawatt-hours of energy storage, helping to reduce energy costs during peak demand. The partnership allows Rivian to extend the life of its vehicle batteries, contributing to grid health and American competitiveness. Studies indicate that EV batteries retain significant usable capacity even after their vehicle life, making them suitable for stationary storage before recycling.
Read at insideevs.com
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