Rivian
5 mentions across all digests
Electric vehicle manufacturer receiving Uber investment as part of autonomous vehicle strategy.
Redwood Materials loses COO amid layoffs, restructuring
Redwood Materials ditches generalist battery recycling for grid storage focus, cutting 10% of staff and losing its COO as it pivots toward partnerships with Rivian and Crusoe for refurbished battery supply.
Rivian R2 production has started despite tornado damage to factory
Rivian begins shipping R2 SUVs despite tornado damage, targeting 20,000–25,000 2026 deliveries to prove its turnaround path to profitability.
Redwood Materials lays off 10% in restructuring to chase energy storage business
Battery recycling company Redwood Materials culls 10% of staff to pivot toward energy storage infrastructure, its second restructuring in five months despite a recent $425M funding round.
TechCrunch Mobility: Uber enters its assetmaxxing era
Uber commits $10 billion to autonomous vehicles—$2.5 billion in equity stakes across WeRide, Wayve, Nuro, Lucid, and Rivian, plus $7.5 billion for robotaxi fleet purchases—marking a historic pivot from asset-light to fleet-owner model.
Slate Auto raises $650M to fund its affordable EV truck plans
Bezos-backed Slate Auto secures $1.4B total funding with its $650M Series C to launch an affordable EV pickup truck by late 2026, targeting a market segment where competitors like Rivian are struggling to scale profitably.