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Rivian set to debut energy storage project using ‘second life’ batteries from vehicles

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Rivian Automotive and the Honnold Foundation are working together in an initiative that is set to use the electric truck maker’s “second-life” batteries as stationary energy storage units in a microgrid project at Adjuntas, Puerto Rico. This marks a huge step for Rivian, which is planning on expanding its reach beyond the manufacture of all-electric luxury adventure vehicles.

Rivian will be utilizing 135 kWh battery packs from its development vehicles for the upcoming energy storage project, which is expected to launch in 2020. The company has designed its battery packs and modules in such a way that they can be easily transitioned from vehicle energy storage to stationary energy storage at the end of their vehicle life. The Rivian CEO described the concept in a press release.

“Second-life batteries are a big enabler to accelerating widespread adoption of renewable energy, and it’s exciting to envision this system contributing importantly to a community. This project allows us to model a customized energy storage solution that takes into account space constraints, disaster resiliency, and energy independence,” Scaringe said.

Using older batteries for energy storage is a clever way for Rivian to recycle the cells it uses for its all-electric trucks. While batteries at the end of their vehicle life will likely show some wear compared to those used in new EVs, they could still function well as stationary energy storage units. After all, optimal batteries for electric trucks require a lot of power, but those energy storage units could make do with much less (propelling the R1T from 0-60 mph, for example, takes a lot of power, but turning on the lights in a household does not require as much).

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Rivian and the Honnold Foundation selected Adjuntas, Puerto Rico as the site of their microgrid project partly due to the town being in need of help. Adjuntas was struck by Hurricane Maria in 2017, and the community has been struggling with power since. If successful, Rivian and Honnold’s microgrid initiative could help many of the businesses located near the town’s main square. Residents could also have backup power in the event that power shortages happen.

Further details of the project will be discussed by RJ Scaringe and elite climber Alex Honnold at Denver, CO on June 15 in a livestreamed event, which could be accessed here.

The full press release for Rivian and the Honnold Foundation’s upcoming microgrid project could be accessed below.

DENVER, June 13, 2019 /PRNewswire/ — On June 15, electric adventure vehicle maker Rivian is announcing a project to use its second-life batteries in a solar microgrid initiative with the Honnold Foundation. The goal: to support energy independence and adoption of renewable power generation. The project, in the town of Adjuntas, Puerto Rico, marks Rivian’s first steps in its broad plan to utilize second-life batteries for a wide variety of applications.

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Rivian CEO RJ Scaringe and elite climber Alex Honnold will discuss the project in Denver, Colorado on June 15 at 6PM MT. The conversation will be moderated by endurance athlete and podcaster Rich Roll. The livestream can be found here: https://www.youtube.com/c/RivianOfficial/live

The company is using 135kWh battery packs from its development vehicles to support the project.

Rivian has designed its pack, module, and battery management system to seamlessly transition from vehicle energy storage to stationary energy storage at the end of their vehicle life. The battery module’s thin design enables second-life applications that are space-efficient and customizable, important for environments with existing infrastructure.

“Second-life batteries are a big enabler to accelerating widespread adoption of renewable energy, and it’s exciting to envision this system contributing importantly to a community. This project allows us to model a customized energy storage solution that takes into account space constraints, disaster resiliency and energy independence,” said Scaringe.

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Adjuntas is a city of 20,000 in midwestern Puerto Rico. It was severely impacted by Hurricane Maria in 2017, and with climate change increasing the frequency and severity of storms, Adjuntas NGO Casa Pueblo has sought to collaborate on rugged, affordable sources of community power.

The Honnold Foundation and Rivian battery engineers visited Casa Pueblo earlier in 2019 to meet with community leaders and together are designing a site-specific system that will power many of the businesses located in the Adjuntas town square. In power loss scenarios, the downtown solar microgrid will allow Adjuntas residents access to electricity for core businesses. By offsetting day-to-day electric bills, the system also brings down high commercial energy costs, which in Puerto Rico are twice the national average.

The system is expected to launch in 2020.

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Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Tesla engineers deflected calls from this tech giant’s now-defunct EV project

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Tesla engineers deflected calls from Apple on a daily basis while the tech giant was developing its now-defunct electric vehicle program, which was known as “Project Titan.”

Back in 2022 and 2023, Apple was developing an EV in a top-secret internal fashion, hoping to launch it by 2028 with a fully autonomous driving suite.

However, Apple bailed on the project in early 2024, as Project Titan abandoned the project in an email to over 2,000 employees. The company had backtracked its expectations for the vehicle on several occasions, initially hoping to launch it with no human driving controls and only with an autonomous driving suite.

Apple canceling its EV has drawn a wide array of reactions across tech

It then planned for a 2028 launch with “limited autonomous driving.” But it seemed to be a bit of a concession at that point; Apple was not prepared to take on industry giants like Tesla.

Wedbush’s Dan Ives noted in a communication to investors that, “The writing was on the wall for Apple with a much different EV landscape forming that would have made this an uphill battle. Most of these Project Titan engineers are now all focused on AI at Apple, which is the right move.”

Apple did all it could to develop a competitive EV that would attract car buyers, including attempting to poach top talent from Tesla.

In a new podcast interview with Tesla CEO Elon Musk, it was revealed that Apple had been calling Tesla engineers nonstop during its development of the now-defunct project. Musk said the engineers “just unplugged their phones.”

Musk said in full:

“They were carpet bombing Tesla with recruiting calls. Engineers just unplugged their phones. Their opening offer without any interview would be double the compensation at Tesla.”

Interestingly, Apple had acquired some ex-Tesla employees for its project, like Senior Director of Engineering Dr. Michael Schwekutsch, who eventually left for Archer Aviation.

Tesla took no legal action against Apple for attempting to poach its employees, as it has with other companies. It came after EV rival Rivian in mid-2020, after stating an “alarming pattern” of poaching employees was noticed.

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Tesla to a $100T market cap? Elon Musk’s response may shock you

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There are a lot of Tesla bulls out there who have astronomical expectations for the company, especially as its arm of reach has gone well past automotive and energy and entered artificial intelligence and robotics.

However, some of the most bullish Tesla investors believe the company could become worth $100 trillion, and CEO Elon Musk does not believe that number is completely out of the question, even if it sounds almost ridiculous.

To put that number into perspective, the top ten most valuable companies in the world — NVIDIA, Apple, Alphabet, Microsoft, Amazon, TSMC, Meta, Saudi Aramco, Broadcom, and Tesla — are worth roughly $26 trillion.

Will Tesla join the fold? Predicting a triple merger with SpaceX and xAI

Cathie Wood of ARK Invest believes the number is reasonable considering Tesla’s long-reaching industry ambitions:

“…in the world of AI, what do you have to have to win? You have to have proprietary data, and think about all the proprietary data he has, different kinds of proprietary data. Tesla, the language of the road; Neuralink, multiomics data; nobody else has that data. X, nobody else has that data either. I could see $100 trillion. I think it’s going to happen because of convergence. I think Tesla is the leading candidate [for $100 trillion] for the reason I just said.”

Musk said late last year that all of his companies seem to be “heading toward convergence,” and it’s started to come to fruition. Tesla invested in xAI, as revealed in its Q4 Earnings Shareholder Deck, and SpaceX recently acquired xAI, marking the first step in the potential for a massive umbrella of companies under Musk’s watch.

SpaceX officially acquires xAI, merging rockets with AI expertise

Now that it is happening, it seems Musk is even more enthusiastic about a massive valuation that would swell to nearly four-times the value of the top ten most valuable companies in the world currently, as he said on X, the idea of a $100 trillion valuation is “not impossible.”

Tesla is not just a car company. With its many projects, including the launch of Robotaxi, the progress of the Optimus robot, and its AI ambitions, it has the potential to continue gaining value at an accelerating rate.

Musk’s comments show his confidence in Tesla’s numerous projects, especially as some begin to mature and some head toward their initial stages.

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Celebrating SpaceX’s Falcon Heavy Tesla Roadster launch, seven years later (Op-Ed)

Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”

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SpaceX's first Falcon Heavy launch also happened to be a strategic and successful test of Falcon upper stage coast capabilities. (SpaceX)

When Falcon Heavy lifted off in February 2018 with Elon Musk’s personal Tesla Roadster as its payload, SpaceX was at a much different place. So was Tesla. It was unclear whether Falcon Heavy was feasible at all, and Tesla was in the depths of Model 3 production hell.

At the time, Tesla’s market capitalization hovered around $55–60 billion, an amount critics argued was already grossly overvalued. SpaceX, on the other hand, was an aggressive private launch provider known for taking risks that traditional aerospace companies avoided.

The Roadster launch was bold by design. Falcon Heavy’s maiden mission carried no paying payload, no government satellite, just a car drifting past Earth with David Bowie playing in the background. To many, it looked like a stunt. For Elon Musk and the SpaceX team, it was a bold statement: there should be some things in the world that simply inspire people.

Inspire it did, and seven years later, SpaceX and Tesla’s results speak for themselves.

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Credit: SpaceX

Today, Tesla is the world’s most valuable automaker, with a market capitalization of roughly $1.54 trillion. The Model Y has become the best-selling car in the world by volume for three consecutive years, a scenario that would have sounded insane in 2018. Tesla has also pushed autonomy to a point where its vehicles can navigate complex real-world environments using vision alone.

And then there is Optimus. What began as a literal man in a suit has evolved into a humanoid robot program that Musk now describes as potential Von Neumann machines: systems capable of building civilizations beyond Earth. Whether that vision takes decades or less, one thing is evident: Tesla is no longer just a car company. It is positioning itself at the intersection of AI, robotics, and manufacturing.

SpaceX’s trajectory has been just as dramatic.

The Falcon 9 has become the undisputed workhorse of the global launch industry, having completed more than 600 missions to date. Of those, SpaceX has successfully landed a Falcon booster more than 560 times. The Falcon 9 flies more often than all other active launch vehicles combined, routinely lifting off multiple times per week.

Falcon Heavy successfully clears the tower after its maiden launch, February 6, 2018. (Tom Cross)

Falcon 9 has ferried astronauts to and from the International Space Station via Crew Dragon, restored U.S. human spaceflight capability, and even stepped in to safely return NASA astronauts Butch Wilmore and Suni Williams when circumstances demanded it.

Starlink, once a controversial idea, now dominates the satellite communications industry, providing broadband connectivity across the globe and reshaping how space-based networks are deployed. SpaceX itself, following its merger with xAI, is now valued at roughly $1.25 trillion and is widely expected to pursue what could become the largest IPO in history.

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And then there is Starship, Elon Musk’s fully reusable launch system designed not just to reach orbit, but to make humans multiplanetary. In 2018, the idea was still aspirational. Today, it is under active development, flight-tested in public view, and central to NASA’s future lunar plans.

In hindsight, Falcon Heavy’s maiden flight with Elon Musk’s personal Tesla Roadster was never really about a car in space. It was a signal that SpaceX and Tesla were willing to think bigger, move faster, and accept risks others wouldn’t.

The Roadster is still out there, orbiting the Sun. Seven years later, the question is no longer “What if this works?” It’s “How far does this go?”

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