Rivian Automotive

Last year, Amazon shut down all U.S. solar roofs after a series of fires and electrical explosions

Last year, Amazon shut down all U.S. solar roofs after a series of fires and electrical explosions

Following a spate of fires and explosions, Amazon shut down solar systems at all of its U.S. facilities in 2021, including one at its Fresno warehouse in 2020. Fresno Fire Department On the afternoon of April 14, 2020, dozens of firefighters arrived at an Amazon warehouse in Fresno, California, as thick smoke poured from the …

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Cash is king for EV makers as soaring battery prices push up car production costs

Cash is king for EV makers as soaring battery prices push up car production costs

On April 11, 2022, the company’s factory in Normal, Illinois produces the electric Rivian R1T pickup truck. Michael Whelan/CNBC In the transition from gasoline-powered vehicles to electric vehicles, the fuel every automaker is running on after these days is cold cash. Both established automakers and startups are launching new battery-powered models to meet growing demand. …

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