Rivian has launched its first Affect Report, highlighting the corporate’s achievements and future plans in decreasing the environmental footprint of its operations and merchandise.
The report, protecting the fiscal yr 2022, marks Rivian’s dedication to not solely producing electrical autos but additionally addressing the broader environmental challenges related to their manufacturing and use.
One among Rivian’s notable successes is its all-electric business van, which emits 50% much less carbon than its gas-powered counterparts. This achievement is partly attributable to Rivian’s partnership with Amazon and different manufacturers like AT&T. The corporate additionally boasts of its Rivian Journey Community, a charging community powered completely by renewable vitality, and plans to energy its manufacturing plant in Regular, Illinois, solely with renewable vitality by 2030.
Wanting forward, Rivian is ready to introduce the R2, a midsize automobile platform that guarantees to be extra inexpensive than the R1T and R1S fashions. The R2 goals to encapsulate the essence of Rivian’s present merchandise in a extra accessible type issue and worth level, leveraging classes realized from the R1 sequence to reinforce efficiency and scale back prices. Moreover, Rivian aspires to launch a product by 2030 with half the lifecycle carbon footprint of its 2022 R1 fashions, probably beneath a brand new automobile line, such because the R3.
This objective aligns with Rivian’s technique to extend the usage of recycled supplies in its autos, aiming for no less than 70% recycled content material in metal and aluminum and 40% in polymer supplies by 2030, in response to the report.
Within the realm of renewable vitality, Rivian is actively partaking in digital energy buy agreements to fund renewable energy tasks. These initiatives embrace a 800 MW photo voltaic subject in Kentucky and a photo voltaic venture in Paris, Tennessee. These tasks are a part of Rivian’s dedication to assist the creation of two gigawatts of renewable vitality tasks, which is able to energy an estimated 7 billion miles of driving.
Rivian’s report additionally underscores the corporate’s stance on company duty, with plans to extend the illustration of underrepresented teams in its management and total firm construction by 50% by 2028. This transfer comes amid debates over company range and inclusion packages.