Rivian Expands Charging Options
New Partnerships and Process Improvements
North American Charging Standard and Tesla Supercharger Network Access
Electric vehicle manufacturer Rivian is accelerating its electrification efforts with the adoption of the North American Charging Standard. This move will provide Rivian owners with access to a wider network of public charging stations, making it more convenient to own and operate an electric vehicle. Additionally, Rivian has secured access to Tesla's Supercharger network, further expanding charging options for its customers.
Cost-Cutting and Efficiency in Battery Production
In a bid to reduce costs and improve profitability, Rivian has streamlined its battery-making process, eliminating over 100 steps. This efficiency improvement will help the company lower production costs and move closer to its first profit.
Next-Generation Vehicle Production and Partnership with Volkswagen
Rivian has begun production of the next generation of its R1T pickup truck and R1S SUV, incorporating significant upgrades. The news comes just weeks after the company secured a substantial cash infusion through a partnership with Volkswagen AG. This partnership reflects the growing trend of automakers collaborating to accelerate the transition to electric vehicles.
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