Tag: Rivian

BusinessManufacturingTechnology

Rivian Announces Second Round of Workforce Reductions Affecting 600 Employees

Electric vehicle maker Rivian is implementing another round of layoffs affecting approximately 600 employees. The workforce reduction comes as the company faces changing government EV incentives and prepares for its more affordable R2 model launch in 2026.

Rivian Implements Workforce Reduction

Electric vehicle manufacturer Rivian is reportedly laying off approximately 600 employees, representing about 4% of its total workforce, according to the Wall Street Journal. Sources indicate this marks the second round of job cuts at the automaker within recent months, though company officials have not provided detailed comments on the latest reductions.

by Elijah Porter
EnergyInnovation

Breakthrough in Green Hydrogen Production and Rivian’s Critical EV Launch Amid Climate Warnings

A Dutch startup’s nanoporous coating may cut iridium use in electrolyzers by 90%, potentially making green hydrogen cost-competitive with fossil fuel-based production. Meanwhile, Rivian’s upcoming R2 SUV is seen as crucial for the EV maker’s survival. These developments unfold as scientists project a temporary breach of the 1.5°C warming limit despite climate agreements.

Green Hydrogen Cost Breakthrough

Significant progress in reducing the production costs of green hydrogen appears to be on the horizon, according to reports from sustainability technology analysts. The current high expense stems primarily from the reliance on iridium, a scarce and costly metal essential for Proton Exchange Membrane (PEM) electrolyzers. These devices use electricity to split water into hydrogen and oxygen, a process known as electrolysis.

by Aaron Vale