Rivian Automotive (RIVN) Stock: Declines as Rivian and Redwood Expand Battery Recycling Alliance

TLDR Rivian shares fall 3.14% as Redwood partnership expands battery recycling operations. Redwood will collect used Rivian battery packs through nationwide service centers. Rivian’s Illinois factory plans 10 MWh of storage using repurposed EV batteries. Redwood says its recycling process recovers over 95% of key battery materials. Expanded alliance links battery reuse, factory scrap recycling [...]

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