Company
Rivian Automotive is a US manufacturer of electric trucks, SUVs, and delivery vans, competing in the EV market alongside Tesla and legacy automakers.
Redwood Materials is working with Rivian to install retired EV packs as factory storage, after a 10 MWh system in Normal, Illinois. Data centers are the stated next market, where a 10 MWh figure means little without a power rating.
Reality
Cox Automotive's third-quarter count of almost 263,000 US EV sales is about 40% below the tax-credit rush of a year earlier. Europe registered 277,006 in July alone, so a US plan should start from 263,000 and treat 2025 as a one-off.
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Uber will split the duties of autonomy head Sarfraz Maredia, who leaves Nov. 16 after more than 12 years, between two insiders. He is the third senior autonomy exit since June at a company with more than $10 billion committed to self-driving.
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Rivian spinoff Mind Robotics named former Ford EV chief Doug Field president, a year after its founding and with more than $1 billion raised. Field takes over the daily business from Rivian CEO RJ Scaringe, though the company has yet to show a robot in public.
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Northeastern University researchers found 19 of 21 tested cars sent data to at least one third-party company over Wi-Fi. Teams that review only the vehicle miss most of it, since for most cars the ad-tech traffic came from the phone app.
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Lucid built 2,954 cars in the third quarter, 38% fewer than in the second, against pledges of 45,000 driverless cars for Bolt and Uber. In Europe the harder limit is an EU-wide approval route that caps each vehicle type at 1,500 cars a year.
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Rivian delivered 19,248 vehicles in the third quarter, up 45%, while overall EV sales fell nearly 24% after the federal tax credit ended. Nearly all of the gain is the R2's first full quarter, so the evidence that buyers will pay for a Rivian without a subsidy covers one launch period.
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Flow Engineering raised a $50 million Series B at a $750 million valuation for AI agents that check hardware designs against requirements. The months-to-days speedup is Flow's own figure, so buyers should test it against how long their own design changes take to verify.
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FedEx ordered 2,000 electric delivery trucks worth $300 million from Harbinger, a California startup it also backs as an investor. The diesel savings behind the deal are still Harbinger's own projections, so fleets that read the order as proof would be buying on a vendor's estimate.
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Flow Engineering raised $50 million at a $750 million valuation to sell AI agents that track and verify hardware design changes. Its only quantified usage comes from Rivian and counts seats and API calls, while the promised cut in design cycles from months to days is still a stated goal.
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The Prysm-led Series D is earmarked for an autonomous platform for vehicles smaller than a car. The $3,500 bike is the first housing for the motors, batteries and compute.
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Regulators recalled roughly 4.3 million cars because an emergency release was coloured to disappear. Labels are the fix until 2027, when the hardware has to change.
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Uber is removing 3,300 roles, but the operating change is a depth limit that, at just under 30,000 employees, only works if the average manager carries more than four direct reports.
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Amazon said it will add $1.9bn to its Delivery Service Partner programme in 2027 and expects a national average of nearly $24 an hour. The DSPs are the employers, and the release leaves each of them to decide how the money is spent.
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The AM Radio for Every Vehicle Act cleared the House on Wednesday and now goes to the Senate, where 60 senators have already co-sponsored a version. Four automakers would have to refit hardware they took out.
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GM has already stripped CarPlay and Android Auto from its newest electric models. Engadget reports gas cars follow when GM's own computing platform arrives around 2028. The replacement runs on Android Automotive.
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The Range Rover Electric arrives at £154,070 with an estimated 330 miles and a 22-minute fast charge, while every visible surface stays as close as JLR could keep it to the petrol cars built on the same line.
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GE Vernova fell about half as much on gaining the same finance chief. The gap traces to what each company could publish: GE Vernova had dates, a retiring incumbent and an advisory overlap, while Rivian had only a search.
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Xpeng's robotics unit took in more than $900 million at a $6.3 billion post-money valuation, one of eight Chinese carmakers now building humanoids, while the nearest thing to a dated job on a real factory floor belongs to Hyundai.
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Rivian took money out of the wiring harness and the weight, then spent some of it back on two haptic dials its design chief says he had to fight for.
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Product · August 21, 2026 · Confirmed2 publishers
Product · August 19, 2026 · Confirmed3 publishers
Build · August 14, 2026 · Confirmed2 publishers